Roubini's "Dead cat bounce" in regards to the stock market

Roubini's "Dead cat bounce" in regards to the stock market

03-16-2009, 06:54 PM

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Gary - K7GLD

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Join Date: Aug 2000 Location: Canyon City Oregon Posts: 11,666 Old Reader's Rigs Gallery

Roubini's "Dead cat bounce" in regards to the stock market

Here's the conclusion to his latest piece (via Calculated Risk) wordily titled: "Reflections on the latest dead cat bounce or bear market sucker’s rally"

Quote:

So, in conclusion and caveat emptor for investors: Dear investors, do enjoy this dead cat bounce and bear market sucker’s rally ... don’t wait too long until you jump ship while the financial Titanic hits the next financial iceberg: you may get squeezed and crashed in the rush to the lifeboats.

In any event, Roubini has been right in the past and always has interesting things to say. So here's why he thinks it's just another sucker's rally. Read the whole thing at RGE Monitor >

Nouriel Roubini Says Rally Is A Dead Cat Bounce

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