《股票作手回忆录·第十四章·游戏永不变·人性永不变》第18节
Then one day the entire market became quite weak and prices of all stocks began to fall. When I had a profit of at least four points in each and every one of the twelve stocks that I was short of, I knew that I was right. The tape told me it was now safe to be bearish, so I promptly doubled up. I had my position. I was short of stocks in a market that now was plainly a bear market. There wasn’t any need for me to push things along. The market was bound to go my way, and, knowing that, I could afford to wait. After I doubled up I didn’t make another trade for a long time. About seven weeks after I put out my full line, we had the famous “leak,” and stocks broke badly. It was said that somebody had advance news from Washington that President Wilson was going to issue a message that would bring back the dove of peace to Europe in a hurry. Of course the war-bride boom was started and kept up by the World War, and peace was a bear item. When one of the cleverest traders on the floor was accused of profiting by advance information he simply said he had sold stocks not on any news but because he considered that the bull market was overripe. I myself had doubled my line of shorts seven weeks before.
注释摘要
这里提到的“leak”指的是1916年底市场上流传的一则消息，说威尔逊总统即将发表一份和平倡议，试图调停正在肆虐欧洲的第一次世界大战。当时的美国股市经历了一场史无前例的“战争新娘”繁荣，也就是因为欧洲列强倾尽全力打仗，不得不向美国大量采购军火、钢铁、粮食和各种物资，订单像雪片一样飞来，黄金如潮水般涌入美国，通货膨胀推动所有东西都在涨价。股市的上涨根本不是靠…