Pulling In Their Horns
Categories: Managed Funds
The name of an extremely difficult skateboarding trick? The title of a 1970s adult film? Nope. It's a figure of speech that occasionally comes up on Wall Street.
In general, the phrase "to pull in your horns" means to act more cautiously. And that's just what it means in relation to Wall Street. It refers to a situation where stocks have been posting strong gains for a while, but investors have started to get a little wary that further gains are possible. Traders are still bullish, but they're starting to mix a little skepticism with their bullishness.
Get it? Less bullish...pulling in their horns. Those wacky Wall Street types.
What happens when people are bearish and become...less bearish? They "eat less salmon." Er..."get ready to hibernate." We'll have to workshop that one a bit more.
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Finance a la shmoop what's the difference between bear and bull? bear
pessimistic bad growly things coming Negative Nancy boo bear...Bull [Bear walking into water]
awesomesauce life's good you take it by the you know horns alright we're gonna
apply bear and bull to markets here but they apply to a whole lot of things and
a bear market is actually technical nomenclature that refers to sustained or [Bear market definition on 100 dollar bill]
prolonged periods of time where stock prices generally just fall...three
four five six seven eight quarters where the market craps the bed down down down
the bear market pattern is different from just a correction when the market
takes just a short term dump and then well you know quickly recovers yeah like [Bear market graph]
it has a bad quarter or two and then starts climbing again well that's not
the big bad bear that's just a correction a bull market is just the
opposite it goes up up up like this guy in his balloon-powered house and that's [House with balloons travels up a stock value graph]
it both are dangerous in the wild but on Wall Street huh you just have to watch
out for the Bears [Bear chasing a woman]