Dead cat bounce in Dubai Financial Market is an opportunity to sell not buy back into overvalued stocks « ArabianMoney:
"After its worst session for a couple of years yesterday the Dubai Financial Market rebounded by six per cent today. That’s a classic dead cat bounce from a sell-off. It’s an opportunity to sell and not a signal to dive back into overvalued stocks.
Investors only have to look ahead a week and see that Ramadan is coming to know the writing is on the wall for this rally. In order for stocks to keep moving higher there need to be more and more buyers. How likely is that during the Holy Month when most people have other matters on their minds?"
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