going south

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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.
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We ripped our rearview mirrors out of the vans, Jamie Thomas slept in his, Darkstar had motion sensors surrounding their perimeters, and Toy Machine went South African and installed pepper sprayers around their ride.
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When economy went south in 2002, the construction industry plummeted by 50%.
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Leithead added that the suspect "went east, then he went south, then he went east again.
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The end result is your crane has a gearbox that just went south.
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