When a "pool" or an individual quietly buys up the shares of a property so that they can absolutely control it, it is called a "corner." Those who succeed in effecting a corner will not let the "bears" cover their "short," except at extraordinarily high prices.
"A SQUALL."
Depressing news that comes unexpectedly upon the market, and frightens the timid speculators into letting go their holdings.
"A SLUMP."
A continuation of depressing influences which makes the margin dealers sell out.
"A PANIC."
A time when most of the "bulls" have been wiped out and everybody is a "bear" on the market and goes "short" because it is the prevailing sentiment.
"Squalls," "slumps" and "panics" are disastrous to the ordinary speculator, and ruin them by the thousands. They represent, however, the very best opportunity for money making, as has been shown in hundreds of instances. They will give this Company the chance to buy the best sort of securities at prices so low as to make big profits a certainty. It is under these conditions that this Company will make its purchases. With patience enough and capital enough it is possible by acting promptly at the time when these bargain days occur to make more money in Wall Street than in any other place in the world.
"A RALLY."
A state of affairs which exists almost immediately after the public has unloaded its "long" stocks and put out a "short" line.