Pulling In Their Horns
A collective shift by investors toward a less bullish stance after a substantial run-up in prices of financial assets. Since it involves a lesser degree of buying by investors, or even active selling by them, asset prices generally decline as investors pull in their horns in favor of a more bearish stance.
The phrase is reportedly derived from the fact that because an upward market is called a bull market, investors "pulling in their horns" denotes a more cautious approach than rampant bullishness.
This change can either be a temporary phase, as investors re-enter the market after a price decline, or it may be the precursor to a protracted decline. In extreme cases when asset prices have increased especially sharply and valuations are extended, the period when investors pull in their horns may be the first sign of a impending bear market.
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2024,去哪上市?
04/28 11:00
投資人說
NZD/JPY 當日內: 看漲,當 93.50 爲支撐位。
04/27 01:50
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NZD/JPY 當日內: 看漲,當 93.50 爲支撐位。
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