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Fancy Way to Say: 'Fake' Rally When a security has declined far and fast it will inevitably stage a small rally. If the rally is of the dead cat bounce variety, it is only a breather before continuing the decline. Dead cat bounces will attract some buyers who believe the worst is over. These bottom pickers will often feel pain as the decline resumes. Think about it. Drop a dead cat from a height and it will bounce. But only so high before it turns around and goes guess where?

Fancy Way to Say: Dow Jones Industrial Average Tracking Stock If an investor wants to participate in the performance of the Dow she could buy shares in all 30 of the stocks held in it. Besides a large capital investment this strategy would also incur high commissions. There is however a security which tracks the performance of the Dow. It's nickname is Diamonds based on its ticker symbol, DIA.

Fancy Way to Say: Pump and Dump stock This is a stock whose chart resembles that of the fictitious Graftware Tech. from the E*Trade commercial. If you're not familiar, in the commercial a low level employee logs onto E*Trade to check his stock. He pulls up a chart and sees from about 12-1PM or so it has gone from about 10 to 70. Happy as a clam, he goes up to his boss, Mr. Dinky, and quits. On the way back to his desk he grabs a passerby and kisses her. Upon returning to his desk and refreshing his chart he sees his nestegg has gone back to 10. He runs upstairs to tell Mr. Dinky he was just kidding. Anyhow, that's a Dinky Stock: one that shoots to the moon and returns just as quickly.

Fancy Way to Say: Normal Options Expiration If the third Friday of the month isn't a triple witch then it's a double witch. Since there are four triple witchings a year it leaves the other eight as double witchings. That just means it's a normal options expiration where the following expire: stock options,options on stock index future

Fancy Way to Say: Price Decrease The term downtick is used to explain the change in price in a security when the last trade occurred at a lower price than the previous trade. In others words, the security ticked down.