Technically the stock market has all the symptoms of being near a short-term bottom. If so, the next question will be whether it is a major bottom that holds for a number of years, an intermediate-term bottom that holds for six months, or a short-term bottom that holds for a few weeks. The first step is to determine whether a bottom has truly been reached. The “bottom” is a reference to the lowest point at which the market will go. If you have been studying the market for any length of time, though, you know that markets tend to bottom when economic conditions are at their absolute worst, and it’s hard to imagine them getting much worse than they are right now. With the government and the Federal Reserve ready and willing to take whatever measures necessary to flood the economy with money and support to avoid a major depression, the current situation could continue to improve. The credit markets are also beginning to loosen and we have support from the oil markets with oil trading near $70 a barrel. That is not something that is likely to hold for the long term, but it sure helps our current situation. Edit: To add a note to that and answer your question, short-term bottom picking kinda references buying stocks when they are low because of the market condition.

RE:
What's the meaning of "have the short end of the stick"?
What's the meaning of the phrase "have the short end of the stick"? I am a non-English speaker. Help me thx~