This is an
extremely painful event. It typically occurs in the stock market, when you just finished getting so
leveraged up on full margin with short positions.
The stock market then viciously turns and "heads" up the other direction all while ripping your face physically off. It happens so quickly it is typically only noticed when you look up from your keyboard to ask your trading partner what happened, and he only see's a pair of lips and what used to resemble a face
talking to him.
A CNBC contributor, Steve Grasso, is a well known advocate to stopping this disease from spreading.