bottom

(redirected from bottoms)
Also found in: Dictionary, Thesaurus, Acronyms, Idioms, Encyclopedia, Wikipedia.

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 ?
I got out amongst the driftwood, and then laid down in the bottom of the canoe and let her float.
So clear and brilliant was this aged wine that it shone within the cups, and rendered the sprig of scarlet flowers, at the bottom of each, more distinctly visible than when there had been no wine there.
As the speaker concluded he drew his bare hand across the bottom of his nose, and again opened his enormous mouth with a kind of inward laugh.
For two days we made our way up a good-sized river some hundreds of yards broad, and dark in color, but transparent, so that one could usually see the bottom.
There is much which I have left out; much which I have not dared to tell; but you will find the story of his second search for Dejah Thoris, Princess of Helium, even more remarkable than was his first manuscript which I gave to an unbelieving world a short time since and through which we followed the fighting Virginian across dead sea bottoms under the moons of Mars.
The peace of the Valley Dor thus assured, the green warriors dispersed to their desolate sea bottoms, while we of Helium returned to our own country.
It appears to have been then, that, seeking at the bottom of his lonely thoughts for the unexpected abductor of the gypsy, he thought of the archdeacon.
They had rough leather on the top, but the bottoms, which were about an inch thick, were of wood.
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.
You see, you only want the bottoms of the pants to show.
Almost in the same instant, with a thunder-boom, the enormous mass dropped into the sea, like Niagara's Table-Rock into the whirlpool; the suddenly relieved hull rolled away from it, to far down her glittering copper; and all caught their breath, as half swinging --now over the sailors' heads, and now over the water --Daggoo, through a thick mist of spray, was dimly beheld clinging to the pendulous tackles, while poor, buried-alive Tashtego was sinking utterly down to the bottom of the sea
Our old ship is bound to sink soon--the rats said it would be at the bottom of the sea before to-morrow night--and the rats are never wrong.