climax


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Climax

A situation in which a security's price has risen (or fallen) very quickly and very high (or low) on heavy trading volume. A climax is often followed by steep price correction. See also: Buying climax, Selling climax, Reversion to the mean.

climax

References in classic literature ?
She rose from one climax of amazement to another, as her husband proceeded with his disclosure.
Mills, who was always doing something or other to annoy me - or I felt as if he were, which was the same thing - had brought his conduct to a climax, by taking it into his head that he would go to India.
The doctor and his wife, uncle and aunt Kimble, were there, and the annual Christmas talk was carried through without any omissions, rising to the climax of Mr.
My father followed his example in the matter of the deer forest, but that was the climax of his wickedness, whereas it was only the beginning of my grandfather's.
And, as the crown and climax of his work, he mapped out the profession of telephone engineering on the widest and most comprehensive lines.
This was the Climax, the Paradise, of my strange eventful History.
The work of ameliorating the conditions of life--the true civilizing process that makes life more and more secure--had gone steadily on to a climax.
Up the street came galloping a closed carriage, bursting abruptly into noise at the corner, rising to a clattering climax under the window, and dying away slowly in the distance.
But what raised public astonishment to a climax, and set all conjecture at defiance, was the knowledge that the same stranger who had in the morning visited the Allees de Meillan had been seen in the evening walking in the little village of the Catalans, and afterwards observed to enter a poor fisherman's hut, and to pass more than an hour in inquiring after persons who had either been dead or gone away for more than fifteen or sixteen years.
In due time, the old gentleman capped the climax of his favors, by dying a Christian death, in bed, since which melancholy event Dominicus Pike has removed from Kimballton, and established a large tobacco manufactory in my native village.
He now became glorious; talked over all his exploits, his huntings, his fightings with Indian braves, his loves with Indian beauties; sang snatches of old French ditties, and Canadian boat songs; drank deeper and deeper, sang louder and louder; until, having reached a climax of drunken gayety, he gradually declined, and at length fell fast asleep upon the ground.
It was fortunate, also, that I lay at the bottom of the little pile--a climax being quite as essential in sustaining an extortionate price, as in terminating with due effect, a poem, a tragedy, or a romance.