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Saturday, March 11, 2023

Dead Cat

Story at https://dailybruin.com/2023/03/09/uclas-unofficial-mascot-powell-cat-dies.

Given the bad financial news coming out...

Story at https://www.nytimes.com/2023/03/10/business/silicon-valley-bank-stock.html.

...the question, with falling stock prices this week...



...is whether we will experience what financial analysts call a Dead Cat Bounce:

Source: https://www.investopedia.com/terms/d/deadcatbounce.asp.


Click here to play: 


Or direct to https://www.youtube.com/watch?v=ndG2yv9aIkE.

==

Lyrics: DEAD CAT BOUNCE

When your blue chip is starting to look much bluer and your speculative has just lost its life and you buying in at the bottom is like trying to catch a falling knife your dollar is more expensive by the hour your gold is getting cheaper by the ounce you're calling every twitch a rebound friend it's the Dead Cat Bounce. Well nobody is buying what you're selling because nobody can hear you shout your broker is turning into your joker and your tipsters are all tip-toeing out the bull has bolted the paddock and the bear is just about to pounce you're seeing half-full when it's really half-empty friend it's the Dead Cat Bounce. Your paper has lost all its profit and your Gordon Gekko has finally been caught the tulips are looking like stinkweed and your dot.com has lost all its dot Elvis has long left the building the fat lady is all sung out all your dogs aren't having their days friend it's the Dead Cat Bounce. Well you'ld like to cut all your losses but there ain't a whole lot left to cut you're thinking it's better to hold them than fold them but soon you'll be holding your butt you're just waiting for that big announcement for some reason they just won't announce when even the banks are starting to look good friend it's the Dead Cat Bounce.

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