Home› Precious Metals

Ever seen a dead cat bounce?

Comments

  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Not sure it applies here. The origin of the term is with ugly loser stocks that get a bad beatdown and then bounce up, usually temporarily. "Even a dead cat will bounce if dropped far enough". I don't think you're calling silver a dog right now, are you? --jerry
  • gecko109gecko109 Posts: 8,231 ✭
    Although you are technically correct, I cannot imagine that if you dropped a dead cat off a 20 story building, that its trajectory would be much different from the chart above.
  • COALPORTERCOALPORTER Posts: 2,900 ✭✭
    Yea, a dead cat bounce is a small fake-ouit rally after a prolonged steep decline - this not it. This looks more like a train wreak and crash to come. image
  • grabbagrabba Posts: 1,251
    Thin market and I believe public holiday in Asia will cause the above. I have confidence this is just a small bump in the road to higher records.

    Should be interesting Monday when markets open here.
  • storm888storm888 Posts: 11,701 ✭✭✭

    LOTS of STOPS on SLV will be taken out in the morning.

    There will be some margin calls.

    ..........

    If $38 silver does not hold, I would be a SLOW nibbler on SLV - just
    to get in on the action - but I would NOT go in big until it looked as
    "stable" as a volatile critter can look.

    Folks who have lots of physical silver should watch for a little bit.

    Folks who are SHORT - or shy - of gold, should prolly buy some.


    .................

    Anybody know what kinda volume caused that silver "dip" tonight?



    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    I can't reproduce it here, but...

    Go to www.netdania.com
    Click the "Charts" tab
    Once the chart loads, click on "Instruments" and select "silver, spot"
    Click the small "1" box, this will give a minute by minute chart
    Click "View" and check "Show/hide volume chart"

    Put your pointer in the middle of the chart and scroll with the thumbwheel to zoom in or out (reference the timescale along the x-axis)

    Voila!
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    The two market movers - Fear and Greed.
    You are witnessing Fear at work. When heads cool down the Greed will return.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • grabbagrabba Posts: 1,251


    << <i>I can't reproduce it here, but...

    Go to www.netdania.com
    Click the "Charts" tab
    Once the chart loads, click on "Instruments" and select "silver, spot"
    Click the small "1" box, this will give a minute by minute chart
    Click "View" and check "Show/hide volume chart"

    Put your pointer in the middle of the chart and scroll with the thumbwheel to zoom in or out (reference the timescale along the x-axis)

    Voila! >>



    Nice info!

    Thanks!
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    <<Ever seen a dead cat bounce? >>

    No, but I've seen a horse fly! image

    It appears that the biggest 5-minute plunge in silver's history occurred just before the Bin Laden announcement. If the silver crash was triggered by a leak, I doubt that silver will stay down long. It's already back over $44. Too many fundamentals propelling it higher.

    My Adolph A. Weinman signature :)

Sign In or Register to comment.