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dead cat bounce, page-17

  1. 701 Posts.
    When did I say that?

    I said that this buyer/seller formation has historically been the signal of a turnaround. It doesn't show in charts, because the move has not yet happened.

    Could it go lower? Yes. It probably will.
    Will it go much lower? I don't know.
    Will it go up again? I really believe it will.
    How much further up? Much further up than it will go down.

    That's why I predict that it's not a dead cat.
    Connotations of 'dead cat' mean no more rises.
    Do you really believe that to be the case? If so, why are you still here?
 
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