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Has the dead cat finished bouncing?
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fred246
Posts: 3,620 Forumite

On it's way down again?
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Might test the lows but currency printing around the world, especially the FED, will probably limit the downside at the cost of future inflation.
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I've just taken some profit off the table from investments made in March. Not a lot, but moving slowly back towards cash: 5% in March will be 10% in May with this selling and two rounds of pension top-ups which have gone straight into cash.
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I'm sure the vast majority of people just hand over their cash regularly. The mantra of averaging and being in it to win it.
It's based on blind faith alone. Certainly, if you are in the market for long enough, you should be ok. But hindsight is a wonderful thing.0 -
A dead cat bounce is nothing more than an explanation used by people predicting falling markets to explain why they were wrong and went up.9
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I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.3
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It amazes me that the slightest bit of bad news sends the market dropping. If it goes up, they say it was factored in.
They have an answer for everything!3 -
blue_max_3 said:It amazes me that the slightest bit of bad news sends the market dropping. If it goes up, they say it was factored in.
They have an answer for everything!
As always the best thing to do is avoid their media and invest with allocations and risk appetite suited to your needs. Anyone chasing the gains who needs access to the capital in the next few months is gambling, much like they would have been had they been chasing gains before Coronavirus hit.1 -
Prism said:I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.Warren Buffet thinks its going down and so do I:
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EdGasketTheSecond said:Prism said:I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.Warren Buffet thinks its going down and so do I:4
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Who needs a dead cat when Elon Musk tweets that Tesla shares are overvalued.......... an investors worst nightmare.
Other CEO's quite rightly keep their personal views to themselves.5
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