Screaming Buy (Wall Street phrase)
Entry in progress -- B.P. Google Groups: misc.invest.stocksNewsgroups: misc.invest.stocksFrom: mbk%anl433.u...@Germany.EU.net (Matt Kennel)Date: 10 Feb 1994 04:47:55 GMTLocal: Wed, Feb 9 1994 11:47…
Archive for 10/2008
Rubber Band Effect
The "rubber band effect" (or "V rally," describing how it looks on a chart) describes the stock market as like a rubber band, ready to bounce back from any large losses or…
Aunt Jane (an unsophisticated investor)
"Aunt Jane” is Wall Street’s term for the average, unsophisticated investor. Personifying someone with an “aunt” or an “uncle” name is commonplace and is often difficult to trace…
Aunt Millie (an unsophisticated investor)
"Aunt Millie" (often said to be from Omaha or Dubuque) is Wall Street's term for the average, unsophisticated investor. "Aunt Agatha" is another name that is sometimes…
Graveyard Market
A "graveyard market" is the end of a long bear market -- when the stock market seems like a "graveyard." Long-time investors have suffered large losses, but stay in the market…
Dead Cat Bounce
A "dead cat bounce" is a stock market term for a fake (or short-lived) economic recovery. Cat lore has it that if you throw a cat from any height, the cat will always land on its feet. In…
Bagel Land
A bagel is a bread product with a hole in the center. The bagel -- like the donut, with its hole in the center -- has long symbolized the number "zero" or "0." The tennis…
“When you are crying you should be buying; When you are yelling you should be selling”
A bit of rhyming investment advice is: "When everyone's crying you should be buying. When everyone's yelling you should be selling." In other words, do the opposite of what…
“Never try to catch a falling knife” (Wall Street proverb)
"Never try to catch a falling knife" (or "Don't catch a falling knife") means that when a stock is in free-fall, let it continue to go down and reach bottom. Trying to --…
Taco Polaco or Polaco Taco (Polish Taco)
"Taco Polaco" or "Polaco Taco" (Polish taco) is cited in print from at least the 1970s. The Polish taco consists of a Polish sausage in a tortilla, often served with refried…
German Nachos
"German nachos" is an invention of Oma's Haus Restaurant in New Braunfels. Sausage is added to tortilla chips, topped with jalapeño and cheddar cheese. Oma's Haus Restaurant…
German Taco
Central Texas in the Hill Country (especially the cities of Fredericksburg and New Braunfels) is known for its German influences. The exact origin of the German taco is unknown, but several…
Catfish Toes
Catfish have toes? The Boat House Grill (6812 Ranch Road 620 N in Austin, near Lake Travis) opened in 1999 and has a menu that includes "catfish toes." The "toes" are a basket…
“New York City is a luxury product” (Michael Bloomberg)
New York City (especially Manhattan) has often been criticized for its high taxes and high cost of living. In his first term as mayor (from 2002). Michael Bloomberg raised taxes, stating that he…
“Plan your work and work your plan”
"Plan your work and work your plan" (or "Plan your work, then work your plan") was used often in church sermons from at least the 1880s. The origin of the saying is unknown. The…
GOOB (Going Out Of Business)
"GOOB" stands for "Going Out Of Business." The acronym dates in print to at least the early 1990s. In the 1960s, many businesses in Manhattan held "Going Out of…
“Plan your trade and trade your plan” (Wall Street adage)
"Plan your trade and trade your plan" is a popular bit of investment wisdom, cited from at least the 1990s. "Plan your trade" means to prepare adequately; "trade your…
“The first loss is always the smallest” (Wall Street proverb)
"The first loss is (always) the smallest" is an old bit of Wall Street investment wisdom. A novice trader, at first, invests little and often has a stop loss. The first loss is usually…
“You can’t eat relative performance” (Wall Street proverb)
"Relative performance" is how some security or other investment vehicle does against an index (for example, the Dow Jones index). "Relative performance" doesn't help much…
“The daily diary of the American dream” (Wall Street Journal slogan)
The Wall Street Journal began in 1889 and is one of the largest circulation newspapers in America. In 1934, its slogan was: "The Newspaper for the Investor." A 1985 advertising campaign…