Hi this is Tutor Nick P and this is Noun Phrase 160. The noun phrase today is a
dead cat bounce. Okay. Let's take a look at the note here. A dead cat bounce is
usually a temporary or brief recovery after a great fall. It is used with
individual stocks. So it could be you know, just a particular stock, where the price
fell a lot and then they just had a little jump up again. This is sometimes
done because you know sometimes investors want to get back into the
stock and they may think what's a good buying opportunity, but sometimes they
get into it too soon and they buy up and then suddenly it falls again even more.
Even more than before. So they end up losing money that way. So it could be for
an individual individual stocks, the stock market as a whole.
Sometimes we could say that if you're talking about you know ,all the numbers
of the Dow Jones or or the Nasdaq or whatever. If it's going up or down you
know, sometimes they say that it could be just a dead cat bounce. Meaning it went
up now but it could go down further again in the near future. Okay. Or any
investment or the value of any investment in general. If it follows the
same sort of pattern. Where it fell a lot then there was a little bit of a jump up
and then it starts to fall again a lot. Okay. Okay good, it can even be used in
politics in regard to the resurgence approval, approval after a great fall. You know,
like of a candidate. With the anticipation that the approval will fall
again. Let's continue. The origin of the phrase comes directly from Wall Street
the earliest known citation dates back to December 1985. Journalist Horace Bragg
and Wang Sulong from the Financial Times were quoted as using this term in
response to the Singaporean and Malaysian stock market , when the stock
market had a short recovery after a big fall during the recession that. Yeah
and I think they said that you know, this is the way they commonly refer to a
situation like that. So so that I don't think they coined it. They just were
repeating the what was the way it was commonly said at that time. But this was
the first time it actually seemed to get into the media or into the newspapers.
They said you know, on Wall Street this is how we call it , when you have a
situation like this. Let's continue. All right. The phrase alludes to the idea
that even a dead cat will bounce off the ground from a great fall. So if he fell
by accident or somebody threw him off the ground, when it hits the ground it
will bounce a little bit. Not bounce a lot. All the way back up but there will
be a slight recovery. The phrase really caught on after that. So after this you
know, interview. All right. And let's just look at we have a couple of examples
here. Example number one. Somebody might say I would wait before getting back
into the market. This may just be a dead cat bounce. Okay.
Or number two, if you want to buy back that stock wait for the price to settle
that's the way they might say it. Yes. first you don't want to end up being the
victim of a dead cat bounce. It sometimes you get back in too soon as it's going
back up and then it fall and may fall a lot again. Maybe it'll fall just as much
as it fell the first time. Okay. Anyway, I hope you got it. I hope it was a informative.
Thank you for your time. Bye-bye.