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 ?
Yesterday, fuelled by the knowledge that this really looks to be the end of the annual blood letting, the anger was sharper, the bitterness more acute.
Locking in, uniforming, book burning, 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.
I would now like to briefly contrast these RHS type initiations with the much more common type of male initiation that instead focused on blood letting, sweating, vomiting, fiagellating, etc.