Bulls And Bears

Bulls And Bears
BULLS and BEARS
To be a " bull " means that a man is expecting everything that is bad to happen to the crop of cotton; he will say the crop is small, that it is inferior in quality, will exaggerate the probable demand and underrate the stocks in port; in fact, do almost anything to force up prices. The " bear " is just the opposite and he always looks on the bright side and expects low prices. Thus the " bull " buys cotton or futures which he does not intend to hold; he expects the price to rise so that he can sell at a higher figure (see Bears)

Dictionary of the English textile terms. 2014.

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