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/biz/ - Business & Finance

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7248581 No.7248581 [Reply] [Original]

This is just the dead cat bounce, right?

>> No.7248624

"Dead cat bounce" is a meme made up by Dunning-Krugers

I've worked on Wall Street and never heard anyone there unironically use the term

>> No.7248651

>>7248581
Its cuz burgers are asleep

>> No.7248683

>>7248624
And yet you know precisely what phenomena is being described when somebody uses the term

So is it the dead cat bounce or not?

>> No.7248738

>>7248683
"Dead cat bounce" isn't a real thing you stupid faggot, that's my point.

kys

>> No.7248770

>>7248581
dead cat was when we went from 12-16k or thereabouts

>> No.7248781

>>7248738
You knew exactly what the Anon was talking about though

>> No.7248809

>>7248624

You haven’t heard it because no one asks you for a “dead cat bounce” hotdog.

>> No.7248816

>>7248781
Just go look at the cme april futures if you want an actual answer

>>7248770
pseud faggot

>> No.7248875

>>7248738

Keep us updated

>> No.7248962

>>7248624
cool are bogs a thing at wall street mate?

>> No.7249007

>>7248809
Traders, Managing Directors, Analysts -- none of them actually say "dead cat bounce"

it's a meme made up by NEETs on /biz/ to feel smart

>> No.7249011

It bounced completely off the 2017 trend line at 7600 - for it to be a dead cat it would have had to breath the support - even then there was further support at 5800

It might test 7600 again and if it does and bounces off then we are going into a bull market

>> No.7249089

>>7248581
yes, it will go as low as 6k and then the real test of hodlers will start

>> No.7249129

Worst case scenario is another selloff at the end of the weekend.
But it's looking increasingly unlikely.

>> No.7249213
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7249213

>>7248962
What do you think what happened with Dow Jones yesterday? Down with 666 point. Bitcoin was just a test run. Every market going down soon, civil wars will be triggered in the states and in Europe, Russia will be on the warpath. It's all started with the Bogs and their BTC crash.

>> No.7249282

>>7249213
I just realised Trump's drain the swamp was a message to Bogs. And he completely failed at it.

>> No.7249535

>>7248581
Maybe. I just sold two coins for ETH because they were over 20% up and I think they'll dip again soon. I guess I'll see tomorrow when I wake up if I made a mistake or not. It wouldn't surprise me if things continue to rise tomorrow, but I see the dip continuing over next week.

>> No.7249593

The cat stop bouncing long time ago anon

>> No.7249663

If it reaches 10k its safe
This bounce hardly scratching 9.2k means monday and tuesday will be
5k

>> No.7250591

>>7249007
Stop being a faggot
https://en.wikipedia.org/wiki/Dead_cat_bounce

Look at any crash and you will see this phenomenon occurring several times.