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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: Rocketman who wrote (181)3/25/1997 11:44:00 AM
From: Rocketman   of 1836
 
CATS WE HAVE IDXX BOUNCE

Biotech/meds seem generally bloody red so far today (at least mine do). Too much blood dumping in this cats fur which must have weighed it down, but seems like the bottom may have been hit at 11 5/8, current sharp untick to 12.

We have life in this cat.....

Dave

Hey how much you want to bet that we see an after-the-fact analysts down rating in Zacks summary in Yahoo in the next week from the current 3 strong buys and 3 moderate strong buys, even though at the current price structure IDXX is far more attractive to buy than when these "EXPERTS" made their recommendations. I'd be willing to bet a GOOD beer on this one - I drink Samuel Smith's Oatmeal Stout - any takers?
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