Quotes About Whipsaw

Grimes could not positively assume that the dueling colonel, unable to back down in issuing his challenge, had planned for his seconds to settle the matter, yet the whipsaw trick which the gun slicks had attempted did indicate that the turnkey's account of Grimes' dealing with the marshal had left its marks on the town.

Casual commitments invite casual reversal, exposing portfolio managers to the damaging whipsaw of buying high and selling low. Only with the confidence created by a strong decision-making process can investors sell mania-induced excess and buy despair-driven value.