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Strategies & Market Trends : The Dead Cat Bounce Theory
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To: Rick Pereira who wrote (286)3/27/1997 2:52:00 PM
From: Crabbe   of 1836
 
It may be a wackey theory, but I just observed it being discussed on CNBC. To be specific they were talking of IDXX and MCSY two stocks that have been discussed here. Both stocks are up 20-25% from the close of the day they fell late last week.

While this paticular experment is limited in its allowable timing, nearly every stock that has fallen 50% or so during this experments time period has rebounded well from its low.
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