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Line
(redirected from draw a line in the sand)

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Hutchinson 0.01 sec.
line
In technical analysis, a horizontal pattern on a price chart indicating a period during which supply and demand for a security are relatively equal. Technical analysts generally look for the price to break away from the line, at which time they are likely to take a position in the direction of the movement. See also making a line.

Line
1. In technical analysis, a situation in which the supply and demand for a security are largely the same. A line means that the security is unlikely to see any rapid fluctuation in price. It is called a line because, when plotted on a graph, it looks like a roughly horizontal line. Technical analysts look for signals that a line is ready to break one way or another before recommending that investors take a position on a security.

2. Informal; workers in a large, industrial company. They are called the line because, historically, they assembled the parts of a product while literally standing next to each other in a long line, also called an assembly line.


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It is time to draw a line in the sand to make sure people are not refused taxi services," said Patrick Hogan, spokesman for the commission.
And when we are tempted to draw a line in the sand dividing the world into freedom-loving people and diabolical monsters, we should remember to look at the plank (or bomb or secret prison) in our own eye and recall that many of the terrorists we fear and hate were begotten by antiterrorist policies that undermine our democratic freedoms.
Somewhere, we need to draw a line in the sand and say we need open space near the river.
 
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