Replies
12Skunky
Well, at least the foreclosure spectre has yet to materialize :roll:
Beach Fanatic
thanks, sj
Beach Fanatic
I appreciate this, sj. I wonder if the Property Appraiser will notice the reduction in the Median Prices. 

SoWal Insider
I appreciate this, sj. I wonder if the Property Appraiser will notice the reduction in the Median Prices.
I'll bet the buyers do.
Beach Lover
I hope the charts are showing a bottoming and not a "dead cat bounce".
SoWal Insider
I hope the charts are showing a bottoming and not a "dead cat bounce".
You see a "bounce" in the charts?
SoWal ExpertAuthor
You see a "bounce" in the charts?I don't think dead cats bounce, Shelly.
Meow
I hope the charts are showing a bottoming and not a "dead cat bounce".
Beach Fanatic
A dead cat bounce is basically a temporary rebound from a decline after which the decline continues.
SoWal Insider
...please explain what this is!
If you drop a "dead cat" from a height, it will bounce, but ever so slightly--giving the "illusion" that it may still be alive.
In investing, a "dead cat bounce" relates to an investment that quickly falls and then, jumps up slightly from a low--this jump can be caused by some investors buying in, (mistakenly)believing that the investment has bottomed out and is ready for a comeback. Unfortunately, the few who bought in at this point are outnumbered by the folks who think otherwise and, after a small jump, the investment continues going down.
Beach Fanatic
Finally, got a good laugh this morning....please explain what this is!
"Dead Cat Bounce," one has to watch such terminology around Miss Kitty.Beach Fanatic
A dead cat bounce is basically a temporary rebound from a decline after which the decline continues.
Bright Eyes, the Martini Time cat, isn?t too sure about this terminology.
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