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DJIA Positive @ Close 8/16/07
Yahoo Biz ^ | August 16, 2007 | Staff

Posted on 08/16/2007 1:00:37 PM PDT by abb



TOPICS: Business/Economy; News/Current Events
KEYWORDS: djia; market; stocks
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Dead cat bounce?
1 posted on 08/16/2007 1:00:40 PM PDT by abb
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To: abb

What a wild and wacky ride!


2 posted on 08/16/2007 1:02:05 PM PDT by marvlus
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To: abb

We can call this the “Dead ‘Rat Bounce”..............


3 posted on 08/16/2007 1:02:09 PM PDT by Red Badger (All I know about Minnesota, I learned from Garrison Keilor..................)
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To: abb
Whooo!

Mike

4 posted on 08/16/2007 1:02:37 PM PDT by MichaelP (Buy, Buy, Buy...PLEASE!)
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To: abb

This is just nuts. 350 point swings don’t make for happy financial industry workers.


5 posted on 08/16/2007 1:02:48 PM PDT by July 4th (A vacant lot cancelled out my vote for Bush.)
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To: abb

Look at the volume chart. Heaviest volume on the upside late in the day. Good sign.


6 posted on 08/16/2007 1:02:54 PM PDT by NeoCaveman ("I mean, he's gone from Jane Fonda to Dr. Strangelove in one week." - Romney on B. Hussein Obama)
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To: Red Badger

LOL. Looks like it’s gonna print just barely in the green.


7 posted on 08/16/2007 1:03:04 PM PDT by abb (The Dinosaur Media: A One-Way Medium in a Two-Way World)
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To: abb

How come CNN’s business page is still showing the Dow down 300+ points?


8 posted on 08/16/2007 1:03:22 PM PDT by rightwingintelligentsia
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To: abb

Does this mean we are NOT all going to die?


9 posted on 08/16/2007 1:03:26 PM PDT by WakeUpAndVote (Got Towel?)
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To: abb

Nope. Ain’t gonna hold. Just barely in the red.


10 posted on 08/16/2007 1:03:47 PM PDT by abb (The Dinosaur Media: A One-Way Medium in a Two-Way World)
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To: abb

..I don’t think so....a dead cat bounce is usually a rally from the start....used to be a broker many moons ago and rarely saw a 343 point turn around....much more difficult to ascertain......more like S&P yield is way up now, short covering.....stocks like Washington Mutual now have yields of 7% or so......that is a deal......


11 posted on 08/16/2007 1:03:51 PM PDT by NorCalRepub
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To: abb
Not gonna make it...

Mike

12 posted on 08/16/2007 1:04:00 PM PDT by MichaelP (Buy, Buy, Buy...PLEASE!)
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To: WakeUpAndVote; Lazamataz
Does this mean we are NOT all going to die?

WE'RE ALL GONNA LIVE!

It just doesn't sound as dramatic

13 posted on 08/16/2007 1:04:28 PM PDT by NeoCaveman ("I mean, he's gone from Jane Fonda to Dr. Strangelove in one week." - Romney on B. Hussein Obama)
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To: abb

There’s been an awful lot of doom and gloom reported on the FR (and shared by some Freepers).

Looks like, around 3 pm, those who didn’t believe the hype decided to pick up some bargains.


14 posted on 08/16/2007 1:04:55 PM PDT by kidd
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To: abb
Dead cat bounce?

Massive short covering in the financials and a "melt-up".

15 posted on 08/16/2007 1:04:57 PM PDT by Snardius
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To: July 4th

That’s OK, they get paid rather well.

I wonder how many cancelled vacations?


16 posted on 08/16/2007 1:05:18 PM PDT by listenhillary (millions crippled by the war on poverty....but we won't pull out)
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To: abb

CNN’s not gonna like this...


17 posted on 08/16/2007 1:05:32 PM PDT by RabidBartender (Al-Qaeda doesn't need an intelligence network. They have the U.S. media.)
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To: rightwingintelligentsia
How come CNN’s business page is still showing the Dow down 300+ points?

Because they're Clymers.

18 posted on 08/16/2007 1:05:50 PM PDT by Hillarys Gate Cult (The man who said "there's no such thing as a stupid question" has never talked to Helen Thomas.)
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To: Snardius

Exactly.


19 posted on 08/16/2007 1:05:59 PM PDT by sheana
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To: abb

PPT? ;)


20 posted on 08/16/2007 1:06:04 PM PDT by Mr J (All IMHO.)
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