|
03-03-2020, 12:49 PM
|
|
Sage
|
Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 10,509
Thanks: 82
Thanked 1,507 Times in 677 Posts
|
|
Quote:
Originally Posted by rustyp
There is a formal name for yesterday's rally - "dead cat bounce". The fact that it did not take place on day 2 and waited this long is not good news in my opinion. It suggest to me the market knew it was way over heated and not just the virus scare.
The virus was the push the market has been waiting as an exit excuse.
|
Exactly the way I see it.
|