Those of you that know me know that I am fond of expounding way beyond the limits of my knowledge and often speak of the "Dead Cat Bounce". I first heard this term some years back; it is used to describe a stock market rebound that has no legs, fools everyone into thinking good times are back, and then it tumbles again. The analogy is that even a dead cat will bounce once if you drop it, but it is still dead and falls back to the ground. You have to admit it is a heck of a good analogy. So, why ...
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posted in General
at Thu, 29 Oct 2009 10:22:04 -0600
I feel there won't be any big growth for a while in general in North America. The last 10 years have seen the stock market up and down like a yo-yo and now real estate. I think people will learn (for a few years anyways...until they forget) that "get rich quick" is a pipedream for most of us. But watch out because the ups and downs aren't done yet. So why has the Stock Market and now Real Estate been so volatile over the last ten years? There are so many new tools in the last 10 years for peopl ...
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posted in General
at Tue, 20 Oct 2009 15:15:01 -0600