Part of speech: adj.
Quotation: The market was, as they say, “choppy.” Now we had best get definitions sorted out: some people use the word “choppy” to mean “not nice”…as in “Sure, she may look terrific, but her manners are pretty choppy.” In trading parlance a “choppy” market isn’t necessarily “not nice,” it’s often just boring. (Last night is another matter—it got, as we say, chopped to pieces). Choppy in this context just means “not prepared to go anywhere in any sort of hurry.”
Author:
“GT”
(This author is either a pseudonym or is not clearly named in the original source.)
Article, document, publication, web site:
MarketRant Date of publication:
Jan. 14, 2005
This catchword has yet to be researched.
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