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Whether or Not the Bounce Is Short-lived


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#1 redfoliage2

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Posted 14 March 2007 - 10:36 PM

At 8:30 am when PPI is out.

Edited by redfoliage2, 14 March 2007 - 10:38 PM.


#2 pdx5

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Posted 15 March 2007 - 12:22 AM

You mean the dead cat bounce of 55 points after a 200 point decline? Yeah it could continue as much as 2/3rd of the drop.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule