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taurknaut | 1 year ago

I imagine the original use of "bull market" was derived from this practice. If this isn't the case i have no clue myself.

discuss

order

lcnPylGDnU4H9OF|1 year ago

Yeah, fair enough. Wikipedia has this, which I hadn’t found before:

> The terms come from London's Exchange Alley in the early 18th century, where traders who engaged in naked short selling were called "bear-skin jobbers" because they sold a bear's skin (the shares) before catching the bear. This was simplified to "bears," while traders who bought shares on credit were called "bulls." The latter term might have originated by analogy to bear-baiting and bull-baiting, two animal fighting sports of the time.

https://en.wikipedia.org/wiki/Market_trend