Judging from last night lucklustre performance, it looks like Dead Cat Bounce with last night being the damped out conclusion.
Certainly there was not much action in NY.
Market was trading in +/- 0.5% range finishing +0.26% up.
The bull just waged his tail to chase the fly away and went back to sleep.
Good news is that the bear is asleep too - maybe.
It is mainly the vultures that are about, looking for a meal.
Brian
fake or real rally, page-5
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