躍入原文 閱見真義之股票大作手回憶錄(100)
股票大作手回憶錄原文第130段
原文(130):
Well,I made up my mind that I couldn’t afford to have the normal rate of increase of my stake impaired by crooks’ tricks,so I decided to teach them a lesson.I picked out some stock that after having been a speculative favorite had become inactive.Water-logged.If I had taken one that never had been active they would have suspected my play.I gave out buying orders on this stock to my five bucketeering brokers.When the orders were taken and they were waiting for the next quotation to come out on the tape,I sent in an order through my Stock Exchange house to sell a hundred shares of that particular stock at the market.I urgently asked for quick action.Well,you can imagine what happened when the selling order got to the floor of the Exchange;a dull inactive stock that a commission house with out-of-town connections wanted to sell in a hurry.Somebody got cheap stock.But the transaction as it would be printed on the tape was the price that I would pay on my five buying orders.I was long on balance four hundred shares of that stock at a low figure.The wire house asked me what I’d heard,and I said I had a tip on it.Just before the close of the market I sent an order to my reputable house to buy back that hundred shares,and not waste any time;that I didn’t want to be short under any circumstances;and I didn’t care what they paid.So they wired to New York and the order to buy that hundred quick resulted in a sharp advance.I of course had put in selling orders for the five hundred shares that my friends had bucketed.It worked very satisfactorily.
其他版本譯文(130):
對他們的鬼把戲忍受夠了以后,我就準(zhǔn)備采取反制。首先,我選擇了一些炒得已經(jīng)失去興頭的冷門股,如果我直接用垃圾股來玩,他們可能會對我產(chǎn)生懷疑。其次,我告訴五個經(jīng)紀(jì)人要買入這只股票。他們收到我發(fā)的單子后,等著下一輪的股價行情,我就在熟悉的一家交易所里,讓他們?yōu)槲荫R上賣掉100股那只股票。你能想象得出,當(dāng)賣單出現(xiàn)的時候,人們會怎么樣想:一家和外地有關(guān)系的經(jīng)紀(jì)商竟然這么急著想賣出冷門股票,肯定是有人手里有廉價股。我給出的股價會出現(xiàn)在報價單上,我耐心等著低價買進(jìn)400股這只股票。那幾家公司很疑慮,問我知道了什么消息,我只告訴他們我知道點內(nèi)幕消息。閉市之前,我又讓那家交易所趕緊為我買回來100股,反正我不想做這100股空頭,也不管它價格多高,這立馬抬高了股價。與此同時,我要趕緊拋售400股,他們就給紐約發(fā)電報立刻照辦。這樣的話,我就達(dá)到了要給那些跟著炒作500股的經(jīng)紀(jì)人一點兒顏色的目的。這是個令人滿意的買賣過程。
我的譯文(130):
問題是他們這么干,影響了我賬戶余額的增長率,于是我決定給他們上一課。
為此我要在某一類股票中選一只,這類股票前期都曾有過一輪投機(jī)性的炒作,而現(xiàn)在則陷入一種不活躍的狀態(tài),猶如一潭死水。
我沒有選擇那些從來都不曾活躍的股票,因為操縱那樣的股票,他們不會上當(dāng),也不會跟進(jìn)。
我將買入這只股票的訂單派發(fā)給了我的五個偽經(jīng)紀(jì)人,當(dāng)他們接受訂單,并等待紙帶上傳來下一個報價時,我直接聯(lián)系紐交所的真正的經(jīng)紀(jì)人,為我在真實的市場上賣出了100股,我要求他們趕快行動起來,快點執(zhí)行這個訂單。
想像一下,當(dāng)我這個賣單到達(dá)交易所場內(nèi)時會發(fā)生什么呢?一個呆滯的不活躍的股票,突然有人慌著忙著的賣出,這說明什么,說明有些人得到了一些便宜的股票,急著在市場上兌現(xiàn)。( 譯者注:這里的有些人,高度懷疑是指內(nèi)部人,比如利弗莫爾的所在地,有一家上市公司的總部,同時還有一家正規(guī)券商的駐外機(jī)構(gòu),然后通過這個機(jī)構(gòu),突然就傳到紐約一筆賣單,市場會怎么想,并如何反應(yīng)呢?)
這種賣出操作反映在行情紙帶上,就是價格下跌,所謂高拋低吸,就是這時,我要求那五個偽經(jīng)紀(jì)人為我共買入500股,大體上其中400股都能以較低的價格成交。
那家曾坑了我的偽經(jīng)紀(jì)商問我,是不是聽到什么風(fēng)聲了?我說關(guān)于這只股票,我有些內(nèi)幕消息,然后就在快收盤的時候,我要求那家正規(guī)經(jīng)紀(jì)商為我空頭回補(bǔ)100股,趕快買,刻不容緩,這會兒不要考慮價格,買到就好。我預(yù)計的是市場馬上將因為偽經(jīng)紀(jì)商們的跟進(jìn)而回升,這種情況下,我是無論如何不能再當(dāng)空頭了。
他們急忙聯(lián)系紐約那邊為我買入,并且市場也如期出現(xiàn)了突然的上漲行情。
一頓操作猛如虎,偽經(jīng)紀(jì)商們果然跟進(jìn)了,于是我當(dāng)然是順勢將我手中的五百股都高價賣給了他們。整個過程十分順利。
我的評注(130):
不知大家看明白利弗莫爾是怎么操作的嗎?