Tide


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Tide

In technical analysis, an informal term for a security's performance over a long period of time, usually over a year or more. Analysts look for cyclical behavior in a security to interpret the tide properly; that is, if a long-term bull market is observed with a bad trading day in a certain week, an analyst might view the short-term trend as moderately bearish without detracting from the long-term bullish tide. The term was coined by Robert Rhea. See also: Ripple, Wave.
References in classic literature ?
While we were comforting ourselves by the fire after our meal, the Jack - who was sitting in a corner, and who had a bloated pair of shoes on, which he had exhibited while we were eating our eggs and bacon, as interesting relics that he had taken a few days ago from the feet of a drowned seaman washed ashore - asked me if we had seen a four-oared galley going up with the tide? When I told him No, he said she must have gone down then, and yet she "took up too," when she left there.
A Four and two sitters don't go hanging and hovering, up with one tide and down with another, and both with and against another, without there being Custum 'Us at the bottom of it." Saying which he went out in disdain; and the landlord, having no one to reply upon, found it impracticable to pursue the subject.
The dismal wind was muttering round the house, the tide was flapping at the shore, and I had a feeling that we were caged and threatened.
But, to be sure the tide was high, and there might have been some footpints under water.
We rigged up a single short mast and light sail, fastened planking down over the ballast to form a deck, worked her out into midstream with a couple of sweeps, and dropped our primitive stone anchor to await the turn of the tide that would bear us out to sea.
"The tides are not strong in the Pacific: you are right there, Professor; but in Torres Straits one finds still a difference of a yard and a half between the level of high and low seas.
On the other hand, as the tide was still falling, he could easily make out the impression made by the junk's bow, and could have likewise made out the impression of any other boat if it had landed at that particular spot.
The tide had long since begun to rise, and, foot by foot, it drove me in toward the beach.
I did my utmost, by setting my back against the chests, to keep them in their places, but could not thrust off the raft with all my strength; neither durst I stir from the posture I was in; but holding up the chests with all my might, I stood in that manner near half-an-hour, in which time the rising of the water brought me a little more upon a level; and a little after, the water still-rising, my raft floated again, and I thrust her off with the oar I had into the channel, and then driving up higher, I at length found myself in the mouth of a little river, with land on both sides, and a strong current of tide running up.
All that I could do was to wait till the tide was at the highest, keeping the raft with my oar like an anchor, to hold the side of it fast to the shore, near a flat piece of ground, which I expected the water would flow over; and so it did.
Then I called a council - that is to say in my thoughts - whether I should take back the raft; but this appeared impracticable: so I resolved to go as before, when the tide was down; and I did so, only that I stripped before I went from my hut, having nothing on but my chequered shirt, a pair of linen drawers, and a pair of pumps on my feet.
Even I, who had the tide going out and in before me in the bay, and even watched for the ebbs, the better to get my shellfish -- even I (I say) if I had sat down to think, instead of raging at my fate, must have soon guessed the secret, and got free.