Dead Cat Bounce

Thought of blogging about some interesting or new words and phrases that I encounter.

I heard of this term "dead cat bounce" from John Authers' Short View on 8th Jan 2008. The actual phrase used is "Even a dead cat will bounce if it is dropped from a great height".

Seems like this phrase is commonly used in market's parlance when some stock or index temporarily rise in the course of its fall. There are examples given by John Authers and he fears rise now could be a deadcat bounce.

One typical example in the recent period would be Satyam's stock decline.