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go into a tailspin

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go into a tailspin
to quickly become worse. The country's nickel industry went into a tailspin, with production falling for five years in a row. His career went into a tailspin when he joined the New York Mets.
Usage notes: sometimes used to describe someone's mental condition: I imagine the news sent Barry into a tailspin.
Etymology: based on the literal meaning of tailspin (= a sudden fall by an aircraft in which the back points up and the aircraft turns around and around)

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Is this the beginning of the end and the market is going to go into a tailspin, or is this part of the normal cycle - a bit of a lull - and the market will continue to do what it's been doing?
Greatly reduce that interval and watch your "not-taken" rate go into a tailspin.
It's natural, when the person perceived as a leader goes down, for everybody else to sort of go into a tailspin," says Thomas Lakeman, senior vice president of production with Culver City-based Internet content developer Digital Planet Inc.
 
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