《股票作手回忆录·第一章·少年与行情板》第2节

回忆录 · 第1章 · 第2节

That is how I first came to be interested in the behaviour of prices. I had a very good memory for figures. I could remember in detail how the prices had acted on the previous day, just before they went up or down. My fondness for mental arithmetic came in very handy. I noticed that in advances as well as declines, stock prices were apt to show certain habits, so to speak. There was no end of parallel cases and these made precedents to guide me. I was only fourteen, but after I had taken hundreds of observations in my mind I found myself testing their accuracy, comparing the behaviour of stocks to-day with other days. It was not long before I was anticipating movements in prices. My only guide, as I say, was their past performances. I carried the “dope sheets” in my mind. I looked for stock prices to run on form. I had “clocked” them. You know what I mean. You can spot, for instance, where the buying is only a trifle better than the selling. A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.

注释摘要

在1900年代初期,一个十四岁的孩子所能接触到的华尔街,是一套完全由数字构成的抽象世界。我们今天看股票行情,有K线图、有成交量柱、有无数的技术指标,但在利弗莫尔的少年时代,他面前只有一块巨大的黑板和一台滴答作响的电报机。电报纸带从机器里缓缓吐出,上面印着密密麻麻的字母和数字——那是股票代码和最新的成交价格。一个行情板小弟的职责,就是每当纸带上出现一个新价格…