Reaction

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Reaction

A decline in prices following an advance. Opposite of rally.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Reaction

A decrease in price following an increase in price. A reaction connotes a slow decline; it is the opposite of a recovery.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

reaction

A decline in security prices following a period of rising security 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 periodicals archive ?
(16) Submitted in 1998, in the immediate aftermath of the departure of the Islamist WP-led coalition government, the report states that reactionist Islamist elements have been hoping to survive by setting up special places to commemorate Ataturk--called Ataturk corners--in their schools, by forcing headscarfed teachers to remove their headscarfs, by organizing arts and sports activities in order to appear as sincere Muslims loyal to the secular regime.
The protesters beat a headscarved woman who was on the street with her baby, insulting her and calling her a reactionist. TaE-getiren complains that most people ignore the violence inflicted by some protesters on headscarved women and the media does not cover such attacks.
In this case, Kersten's mapping of Muslim intellectual camps into progressives, conservatives and reactionists, or substantivists versus formalists, fits well.
But I want this decision to be made by those who have all the facts and forecasts at their disposal, not by knee-jerk reactionists who in years to come would only be able to plead that "It seemed like a good idea at the time".