bottom


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Bottom

Refers to the base support level for market prices of any type. Also used in the context of securities to refer to the lowest market price of a security during a specific time-frame.

Market Bottom

The lowest level of support in price for a security, index, or market over a given time frame. The security, index, or market is highly unlikely to go below the bottom; if it does so, it may cause panic selling. During a prolonged bear market, when a market is dropping more or less continuously for a long time, investors often question when the market will find bottom, which means that they wish to know when the market will begin to rise again, or at least stabilize.

bottom

The lowest price to which a stock, market index, or another asset will sink. Compare top.
References in classic literature ?
For, if the town intended to be destroyed should have in it any tall rocks, as it generally falls out in the larger cities, a situation probably chosen at first with a view to prevent such a catastrophe; or if it abound in high spires, or pillars of stone, a sudden fall might endanger the bottom or under surface of the island, which, although it consist, as I have said, of one entire adamant, two hundred yards thick, might happen to crack by too great a shock, or burst by approaching too near the fires from the houses below, as the backs, both of iron and stone, will often do in our chimneys.
His misses at so short a distance were practically non-existent, nor would he have missed this time but for an accident occurring at the very instant that his finger tightened upon the trigger--an accident to which Meriem owed her life--the providential presence of a water-logged tree trunk, one end of which was embedded in the mud of the river bottom and the other end of which floated just beneath the surface where the prow of Malbihn's canoe ran upon it as he fired.
In a passion of despair I struck with my fists at the water in the bottom of the boat, and kicked savagely at the gunwale.
But he had learned some news at the bottom of the sea.
Upon rocky bottoms, where it is not possible to plant the pole, it is thrown into the stream.
On his return, he reported that the shelves of rock on our right would enable us to gain with little risk the bottom of the cataract.
As regards the greater truths, men oftener err by seeking them at the bottom than at the top; Truth lies in the huge abysses where wisdom is sought-not in the palpable palaces where she is found.
Presently the grey light stole down the slopes, and we saw that we were at the bottom, or rather, nearly at the bottom, of the vast pit in front of the entrance to the cave.
Then the box has two bottoms," announced the Scarecrow, "for the bottom on the inside is fully an inch away from the bottom on the outside.
I told Juag to hail them and get what information he could, while I remained in the bottom of our canoe as much out of sight as possible.
Cowering in the bottom of the boat, his teeth chattering in terror, he watched the man he feared above all other creatures upon the face of the earth as he ran quickly to the edge of the water.
Presently he began to whimper, for he was tired and hungry and frightened--just a poor little baby, helpless and hopeless in the hands of this cruel enemy all his royalty as nothing, all gone with the silken finery which lay in the thick mud at the bottom of the Thames--and presently he dropped into a fitful sleep in the bottom of the skiff.