Soon we are in a situatien where the last ninth life of Euro is spent and we must collectively ask can a dead cat bounce.
In finance, a dead cat bounce is a small, brief recovery in the price of a declining stock.
Price patterns such as the dead cat bounce are recognized only with hindsight.
Technical analysis describes a dead cat bounce as a continuation pattern that looks in the beginning like a reversal pattern.
In the 80's an aborted economic recovery was called a dead cat bounce.
We didnt have to ask because Brazil tried it thirty years ago and it was, using a friend's description, a 'dead cat bounce'.
Secondly, there is definitely potential for a double dip recession and I'm now pretty certain the dead cat bounce is past the high point.
The move was instead called a "dead cat bounce," which is the idea that anything will bounce a little if dropped from high up enough.
Expect at least a "dead cat bounce" in 2010.
However the vested interests try to spin it, this is the end of the 'dead cat bounce'.