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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: SE who wrote (235)3/26/1997 10:52:00 AM
From: p. webster   of 1836
 
Mathematically, I would have ended up about the same if I had done this, as opposed to what I do, which is watch for the turn, then place market order. This one was different than any of the others that I've done -- no pre-open orders, all the others went straight up until about 10 am. This one, the initial upward momentum only lasted about 10 minutes.

P. Webster
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