@ 11/12/2015 Chart.patterns/.projections/opinions?, page-191

zoomy - I was simply referring to today's "bounce"...will it be short lived, a head fake, a bull trap?
I make no predictions about the long term future
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DEFINITION of 'Dead Cat Bounce'

A temporary recovery from a prolonged decline or bear market, followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock. Frequently, downtrends are interrupted by brief periods of recovery - or small rallies - where prices temporarily rise. This can be a result of traders or investors closing out short positions or buying on the assumption that the security has reached a bottom. A dead cat bounce is a price pattern that is usually identified in hindsight. Analysts may attempt to predict that the recovery will be only temporary by using certain technical and fundamental analysis tools."


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