Daily Point 2128 - Falling Knife

 

The Banking Tutor

                              Daily Point 2128

Falling Knife

 

Falling knife is a colloquial term for a rapid drop in the price or value of a security. The term is commonly used in phrases like, "Don't try to catch a falling knife." It can be translated to mean, "Wait for the price to bottom out before buying it."

 

Sekhar Pariti

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