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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: Instock who wrote (1547)6/15/1997 12:25:00 PM
From: Kevin Wang   of 1836
 
Generally speaking, DCBs will bounce the day after their big drops. But it will drop more from that day on. Then after serval day to about
10 days, it will form its real bottom. If it is fundametnal good company, it will gradually move up. With one month or two, it will
go back to its originally level. I checked DCBs since Feburary, most of them bounce back to its previous level, some even more. ACCL will
drop to 4 3/4 on Monday.

Example: cnkt, sdli, ilogy, prms, etc.....

DCBs that just begin their final move up: CS

Friday is the first day for CS to go up. I think it will climb back to 40 soon.

ACCL is still search for its real bottom. ABACF is also doing so. Wait until they find their real bottom, sit in, and hold for one month, your money will double.
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