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Legs

• Refers to a security or a market which has the capacity to continue an underlying trend.

 
 Embedded terms in definition
 Market
Security
Trend
Underlying
 
 Referenced Terms
 Bane: In the words of Warren Buffet, Bill Bane Sr., is, a great American and one of the last real traders around. I like to call him 'Salvo.' His wife, Carol, is a huge NASCAR fan, and in her own words delights in pulling the Legs off central bankers. Cooper Bane, son number two, is a thriving artiste who specializes in making art that is much better than the stuff most folks are doing. Jackson, son number three, is a world renowned master chef and plans on opening a restaurant. Bill Bane Jr., son number one, plans on giving Mr. Monroe Trout a run for his money. [Bill Bane, Jr. helped Professor Harvey put the hypertextual glossary together while an MBA student at Duke University.]

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Don't ever take a fence down until you know why it was put up. - Robert Frost (1874-1963)

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