Book 50% Profits Off This Dead Cat Bounce…

by Greg Guenthner
Daily Reckoning

Dead cat bounce is one of my all-time favorite market expressions…

The imagery is hard to beat. And we don’t have to waste a whole lot of time explaining what the heck it means. Anyone with even a dull spark in his noggin can probably figure it out.

But just in case you’re feeling a little groggy this morning, I dug up this handy chart that should answer any questions you might have:

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