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To: RSmithOpt

With the huge plunge yesterday, expect a dead cat bounce today.


2 posted on 11/08/2007 6:27:03 AM PST by Yo-Yo (USAF, TAC, 12th AF, 366 TFW, 366 MG, 366 CRS, Mtn Home AFB, 1978-81)
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To: Yo-Yo

exacly..aimless dead cat bounce to see what shakes


14 posted on 11/08/2007 6:40:39 AM PST by advertising guy (If computer skills named us, I'd be back-space delete.)
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To: Yo-Yo
With the huge plunge yesterday, expect a dead cat bounce today.

We had our bounce already in the futures overnight, as is typical for a TRIN over 1.05 at prior close. Dow futures rose 89 points off the overnight lows until they hit the 50% fib at 13426, and headed straight down from there, 170 points lower since hitting the Fib st 7:20 am. Expect further selling over the next few weeks, with the usual pullbacks.

34 posted on 11/08/2007 6:56:56 AM PST by montag813
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