Bloodletting

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Bloodletting

An intense bear market. Bloodletting occurs when a security or market declines significantly in price very quickly. See also: Panic sell.
References in periodicals archive ?
CJP remarked "blood letting of innocent people continued for 2 years in the city for two years after the announcement of its decision by the court.
Blood letting was around for thousands of years, yet it's not done now.
It is important then to calm and reassure the individual so that the first experience of volunteer "blood letting" is as free from trauma as possible.
If the pounds 500 million blood letting is not stopped now we will see the rail network's most important station suffering from the angina of the forthcoming franchise changes (which will only benefit the short haul airlines) followed by the failed cardiac operation of this silly Gateway when what is needed is a new heart.
Locking in, uniforming, book burning, blood letting.
``Rather than shouting from the sidelines, I want to get involved and be part of the blood letting.''
Other medical items on sale include a bistoury, a very thin curved blade designed to help remove strangulated hernias, a Georgian thumb lancet used for blood letting and a selection of bleeding cups used to collect blood, expected to fetch around pounds 200 each.