A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from March 29, 2010
“Up a staircase, down an elevator” (Wall Street adage)

"Up a staircase, down an elevator” means that a market rises slowly (stairs) and falls quickly (elevator). The saying has been cited in print since at least 2007.

A similar saying is: “The bull walks up the stairs and the bear jumps out the window.”


Argentina Private
Hunt99
03-02-07, 21:45
Remember, stocks go up a staircase, but tend to go down an elevator. Downtrends tend to be shorter and sharper than uptrends.

Kiplinger Personal Finance (May 2007)
Going Long: What’s behind the SELLOFF
By Jeremy J. Siegel
Up a staircase, down an elevator. This is an old Wall Street expression for what happens when a steady climb in the stock market ends.

Money Marketing
Staircase to heaven
By James Abate
29 March 2010
An old Wall Street saying is “Up a staircase, down an elevator”. Clearly, 2008 and the first months of 2009 was as down an elevator experience as that last seen during the Great Depression.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Monday, March 29, 2010 • Permalink