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The strong action Tuesday in the usually stodgy old industrial groups such as steel, mining and farm when equipment prompted a
The strong action Tuesday in the usually stodgy old industrial groups such as steel, mining and farm when equipment prompted a
admin
2010-01-10
113
问题
The strong action Tuesday in the usually stodgy old industrial
groups such as steel, mining and farm when equipment prompted a 【S1】______
number of market commentators to shake their heads in dismay and 【S2】______
comment on the outrageous quarter-end window-dressing games.
But the attitude is that these stocks are being artificially manipulated 【S3】______
by desperate funds trying to send the message on that they are 【S4】______
holding the hottest groups and not with the technology and chip 【S5】______
stocks that have been the big losers recently.
Certainly, manipulation of stock at prices is not something that we 【S6】______
want to promote, but in many cases what we are seeing is simply 【S7】______
traders creating a self-fulfilling prophecy’ rather than outright
manipulation. Traders expect window-dressing to occur in the stocks
that have been hottest lately. They don’t wait for the moves to occur
without them; because they get in front of the anticipated move and 【S8】______
cause it to occur. In many cases, since the end-of-the-quarter 【S9】______
window-dressing is nothing more than the work of overzealous traders.
Whatever the cause of quarter-end price in movement might be, as 【S10】______
traders like we must take advantage of it. A lot of commentators 【S11】______
whine about how terrible it is that these games are played, but if you
are a longer-term investor, so short-term price movements are totally 【S12】______
irrelevant, and if you are a short-term trader you should be happy to
see the increased volatility.
【S2】______
选项
答案
correct
解析
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BEC中级阅读题库BEC商务英语分类
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BEC商务英语
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