Pulling in their horns(redirected from Pulls in Their Horns)
Pulling in their horns
Investors selling off positions after a stock or bond market has increased sharply or setting up hedging positions to guard against a negative turn of the market.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Pulling in Their Horns
Informal; the practice in which investors close positions or set up offsetting, hedge positions when a security has recently seen a sudden increase in price. When investors pull in their horns, they lock in the gain they made from their positions. This happens in order to protect the investor from sharp turnarounds in price.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved