Post by zuolun on Dec 5, 2014 7:36:52 GMT 7
Never catch a falling knife — oldman
A falling knife in the stock market refers to a stock that experiences a sharp decline and it may collapse > 50% from its breakout/pivotal point, b4 bottoming out.
The RTSI closed @ 920.90 (-27.68, -2.92%) on 4 Dec 2014, it had plunged 945 pts or 50.7% from the peak at 1,865 pts scored on 10 Apr 2011.
The Russia Index closed @ 1233 on 4 Apr 2014, a dead cat bounce (technical rebound) of 217 points from the last low closing @ 1016 on 17 Mar 2014.
A falling knife in the stock market refers to a stock that experiences a sharp decline and it may collapse > 50% from its breakout/pivotal point, b4 bottoming out.
The RTSI closed @ 920.90 (-27.68, -2.92%) on 4 Dec 2014, it had plunged 945 pts or 50.7% from the peak at 1,865 pts scored on 10 Apr 2011.
