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Strategies & Market Trends : The Dead Cat Bounce Theory
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To: George Spritzer who wrote (312)3/30/1997 1:34:00 PM
From: Da Cat in Da Hat   of 1836
 
George

I believe when you say,

I want to see how some of these stocks do on a longer-term
basis.

you are not grasping the self-fulfilling nature of the "bounce" theory. Although K. Weiss likes to sell at 3:59 EST most traders are gone by then...the high has been hit, and the near-term price action of the stock is immaterial. This is all in my opinion. TIFWIW.
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