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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: stockvalinvestor who wrote (16)3/19/1997 4:49:00 PM
From: Bald Eagle   of 1836
 
So, which one did you go for today?
I checked nasdaq.com and TRID ( Trident Microsystems )
had the largest drop of a stock valued over $5.
An analyst ( H & Q, I think ) downgraded it, but said it was fairly
valued at it's present price. Even so, the drop was almost 20% today!
I think I'll do paper trades on this theory for a couple of weeks,
before I decide to invest real money. The problem, I see, is that you
could possibly lose all or most of your investment in one day in some
situations.
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