One hell of a dead cat bounce

When I experimented with day trading five years ago, I came across some interesting terms; one was "dead cat bounce". Here's Investopedia's definition:

A dead cat bounce is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock. Frequently, downtrends are interrupted by brief periods of recovery — or small rallies — where prices temporarily rise. The name "dead cat bounce" is based on the notion that even a dead cat will bounce if it falls far enough and fast enough.

Dead Cat Bounce https://www.investopedia.com/terms/d/deadcatbounce.asp#ixzz5QNdanbL1

Last night, my stack took one hell of a dead cat bounce just before I hit the rail in the first tournament I played. On hand 72, I gained 7,206 chips. On hand 73, I lost 6,550 chips. On hand 74, I lost my last 2,858 chips. In happier news, I ended my streak of nine straight profitless tournaments by turning a profit in the second tournament I played.

style flavor buy_in entry players hands entries paid place winnings

MTT-R NLHE    43500  6500       9    18      75   15    41        0
MTT-R NLHE    43500  6500       9    74      74   15    14   350000

delta: $-50,000
MTT with rebuys NLHE balance: $36,646,500
2018 balance: $3,265,000
balance: $48,778,260