American Heritage® Dictionary of the English Language, Fourth Edition
- v. Past tense and past participle of oversell.
- adj. Characterized by prices regarded as excessively low because of prior heavy selling and a concomitant decline in prices: an oversold stock market.
- over- + sold (Wiktionary)
“The only thing that got into a headline was the word "oversold.”
“New short-term oversold extremes mean probabilities are increasing for a short-term rebound, but a rebound is probably a reflex affair in a medium-term trend that just turned down," Mr. Roth said.”
“The danger here is that people will be lulled into the idea that a strong bull trend is now in place rather than the idea that the market is just bouncing off a short-term oversold condition," said Michael Darda, chief economist at MKM Partners, a trading and research firm in Greenwich, Con.”
“The technical help referred to above comes at the hands of trend line support and a bounce from an intermediate-term oversold condition.”
“While the SPX, Dow Jones Industrial Average, and Nasdaq Composite COMP remain near intermediate-term oversold levels, the shorter term is now becoming a bit overbought, as investors surge from the sidelines to place their bets ahead of Tuesday's interest rate decision.”
“On the technical analysis side, the additional five-day market plunge following the disaster in Japan had markets short-term oversold, and likely to see a short-term rally off the oversold condition, but it's questionable whether a bottom is in yet, particularly in the U.S.”
“There was definitely a cleaning house of sorts in many commodities towards the end of the year, and that resulted in shorter-term oversold conditions in some commodities," said Michael Cuggino, who helps manage about $15 billion of assets at Permanent Portfolio Funds in San Francisco.”
“Wall Street jumped 4 percent overnight in high volume, with relatively low valuations and short-term oversold conditions attracting buyers, though the see-saw moves this week appear to be continuing with U.S. equity markets set for a weaker open.”
“Short-term oversold conditions could be triggering the strength.”
“The challenge now is that markets have turned from being longer-term oversold to short-term overbought.”
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A roster of adjectives that infrequently surface in typical conversation and writing. Many are dredged from scientific or other technical jargon or sieved from examples of disused archaic forms.
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