According to Wiki:
A dead cat bounce is a term used by traders in the finance industry to describe a pattern wherein a spectacular decline in the price of a stock is immediately followed by a moderate and temporary rise before resuming its downward movement, with the connotation that the rise was not an indication of improving circumstances in the fundamentals of the stock.
It is derived from the notion that
"even a dead cat will bounce
if it falls from a great height".
Today's DCB in the markets can be credited to Bush, Mr. Free Market, and leader of the largest debtor nation in the world, who has offered to protect the American Financial Industry and the greedy gambling asshat fatcats who stay up late dreaming up new schemes to steal from the stockholders.
Instead of addressing reckless borrowing, encouraging people to save, or encouraging stockholders to take back control of their investments from CEOs who enjoy ridiculous, astronomical, f*cking salaries, regardless of performance, that are now 300 times that of the average worker.
Try and fathom the rationale for this list of CEO Compen$ation?
If this doesn't make you plotz, you are in a coma!
NOPE..Bush's brilliant plan is to 'borrow' One Trillion Dollar$ from Ma and Pa Kettle to cover the incredibly irresponsible actions of his buddies on Wall Street.
Today's dead cat bounce will not hide the fact that the American Dollar may soon be used as confetti.