Dead cat bounce or start of rally?

Discussion in 'Shares & Funds' started by d3outguncom, 11th Oct, 2023.

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Is this weeks return to an upward swing a dead cat bounce or the start of the next rally?

  1. Dead cat bounce

    12 vote(s)
    46.2%
  2. Start of next rally (with accumulation phase included)

    14 vote(s)
    53.8%
  1. d3outguncom

    d3outguncom Well-Known Member

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    upload_2023-10-11_10-35-33.png


    upload_2023-10-11_10-36-31.png

    Is this weeks uplift a response to oversold markets, and geopolitical tension impact on gold and oil, or the start of the bottom, accumulation and rally?
     
  2. tk421

    tk421 Well-Known Member

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    war is inflationary
     
    Retro Mix and andyboiii like this.
  3. andyboiii

    andyboiii Well-Known Member

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    great time to buy IMO.
     
  4. propnewby3

    propnewby3 Member

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    Impossible to know. I'll continue my DCAing
     
    Whitecat and pippen like this.
  5. Redwing

    Redwing Well-Known Member

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  6. willair

    willair Well-Known Member Premium Member

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    Good time just to sit on the sidelines as businesses make a profit to exist and some i follow are not doing too well ..
    Dead cat bounce ..
    JPMorgan Chase: $3.42, + 30% annually

    Citigroup: $1.70, -16% annually

    Wells Fargo: $1.13, + 28% annually

    Bank of American: $0.84, 5% annually

    Goldman Sachs: $8.6, -20% annually

    Morgan Stanley: $1.75, -13% annually
     
  7. Waterboy

    Waterboy Well-Known Member

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    Denial is Not a River in Egypt
    Nailed It!!!
     
  8. andyboiii

    andyboiii Well-Known Member

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    of course mate, and people doubt me!!! ;)
     
  9. Redwing

    Redwing Well-Known Member

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    WA
    S&P500 up 16.76% since the 11th Oct 2023
     
  10. d3outguncom

    d3outguncom Well-Known Member

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    Yeah @Redwing, we sold out S&P and ASX to cash in June last year, bought back in in November, up about 12.5%
     
    Redwing likes this.
  11. Redwing

    Redwing Well-Known Member

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    I'd get the timing wrong if I started timing the markets ;):D

    [​IMG]
     
    Sgav likes this.