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    market news

    South Parse: dead cat bounce

    Melissa Pistilli
    Oct. 02, 2008 09:37AM PST
    Market News

    Gas Investing News reports prices of natural gas had a mild rebound after a bashing with the stall in the US bail-out plan in the past few days. Through this lens, it is apparent that Tuesday and Wednesday’s rebounds are the product of the “dead cat bounce”. This rather morbid but splendidly explanatory term indicates that a rapid …

    Gas Investing News reports prices of natural gas had a mild rebound after a bashing with the stall in the US bail-out plan in the past few days.

    Through this lens, it is apparent that Tuesday and Wednesday’s rebounds are the product of the “dead cat bounce”. This rather morbid but splendidly explanatory term indicates that a rapid drop in value will be followed by a ricochet upward from the floor.

    For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

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