going south

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Also found in: Idioms.

Going South

Informal; the process of a stock or market declining in price gradually over time.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

going south

Used to describe the direction of prices for a security or the general market during a period of declining prices.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in classic literature ?
They have found out that he starts for Fort Clayton day after to-morrow, with one of his scouts; so they will leave to- morrow, letting on to go south, but they will fetch around north all in good time."
I always go South for the spring vacation, traveling by sea to Old Point Comfort, and rusticating in some quiet spot near by.
It seems to me that we ought to take cabs when we go south or east.
To get to Rock Springs from Decatur, go south on Route 48 and turn west onto Rock Springs Road or go south on Wyckles Road and turn east onto Rock Springs Road.
Being prepared to mitigate potential disaster does not mean that you are going around expecting everything to go south.
But town hall bosses fear the lion's share of government money available will go south despite having 7,000 people on the housing waiting list.
Dubbed 'Go South,' Filipino travelers are being encouraged to tap and patronize world-class destinations at home across Mindanao.
Add to this the 20,000 that now will use this route before turning right to go south on a tighter, shorter flight path over residential Castle Bromwich.
With Croshon's blessing, Gaillard has expanded this oral history into "Go South to Freedom", a historical novel for young readers ages 10 to 13, weaving the story of Gilbert Fields through the nearly forgotten history of the Seminoles and their alliance with runaway slaves.
If you're planning to go south of Metro Manila, stay away from C5.
It's an interesting way to do a travel programme, just don't ask to go south of the river.