Perfect time to Google (or ChatGPT) "dead cat bounce"
>>61937374As of 2 days ago ChatGPT is haram. Everybody is switching to Claude
>>61937378for me, its Gemini - the white man's AI.Gemini saidIn finance, a dead cat bounce is a temporary, short-lived recovery in the price of a declining asset (like a stock or index) followed by a continuation of the downtrend.The name comes from the grimly humorous idea that "even a dead cat will bounce if it falls from a great height." It is often a "bull trap," where investors mistakenly believe the recovery signifies the start of a trend reversal.Key CharacteristicsThe Trigger: Usually caused by "short covering" (traders closing out bets against the stock) or investors "buying the dip" thinking the bottom has been reached.The Pattern: A sharp decline, a moderate (but temporary) recovery, and then a further drop to new lows.The Confirmation: It is only officially labeled a dead cat bounce after the price falls below its previous low, making it difficult to identify in real-time.
>>61937378How can I make money from this? How can I invest in anthropic if I'm not some VC? Buy Amazon, Google, Microsoft, and nvidia instead? But they're too diluted to make money from anthropic's success.
>>61937391nigga just now finding out about AI's promise kek
>>61937405Wrong, I've already made money from all the public ones (biggest was nvidia) but for something like anthropic, I'm sure the growth could be stratospheric if I could get a piece of the pie.
>>61937385The bounce was November-FebMarch is the reversal
>>61937374The funny thing about dead cat bounce-It's exact the same pattern that creates a reversal.