Meow - Dead Cat's do bounce

Discussion in 'Trading' started by Joab, Oct 14, 2008.

  1. Joab


    Key area for support.

    IF this rally can't slow down the free fall in this area we are in for a world of pain.

    Worst case scenario.

    IF we do get a stall in this area, we "may" be able to burn off enough time to bottom out and go sideways.

    Best case scenario.

    SPY - key support range = $81 - $101

    Fitting end to the worst presidential reign in history.
  2. dsq


    great short off the open...easy money...lots of stocks are gettting close to old resistance,mcd,t,vz...many of these stocks have bounced 20-30% off friday's lows...
  3. MattF


    I always had in the back of my mind when this crap first broke, what a way to finish things off by leaving the country in a $hithole when you leave...

    Guess I was right in a way...