I love it and not heard of it before - I think it is one for Redbacka:)
Definition of 'Deer Market'
A flat market. Neither a bull or bear market, a deer market is characterized by low activity, with timid investors waiting for a sign of which way the market is going to end up moving.
Investopedia explains 'Deer Market'
The term is used to illustrate when investors who are unable or unwilling to move due to uncertainty - like deer who freeze when "caught in the headlights" of a vehicle.
http://www.investopedia.com/terms/d/deermarket.asp#axzz20lxXe6mp
Well Shanghai closed 1.74% down and was the lowest close in over 3 years....and markets looking for some action by the POBC - so what's new? Markets always looking for the CB's to act - theme of the decade???
Bluesdog - love it too - how did you come up with that one?:) lol
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