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I tested this notion by applying it to the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed ( INDU 10,572,-12.09,-0.11%) back to 1896, when this benchmark was created.

为了了解这一指标是否成立，我将道琼斯工业平均指数1896年创建以来一百多年的数据输入了我电脑的统计软件。

And, though he wasn't talking about investing, he very well could have been: The relentless pursuit of a "perfect" market timing system can lead to an inferior result./quotes/comstock/21z!i1:in\x SPX

不必说，伏尔泰的感慨绝非针对投资所发出，不过他的话确实也像是在描述投资的故事：许多人都在不懈地追求所谓"完美"的随势操作系统，但是这种做法却很可能会将他们自己卷入一场灾难。

On the contrary, he continues to recommend that his clients own the Ultrashort Lehman 20+ Year Treasury exchange traded fund /quotes/comstock/13*!

事实上，他近期以来一直在持续建议自己的订户买进Ultrashort Lehman 20+ Year Treasury，这一ETF产品双倍做空20年期国债价格。

The commentators drawing this ominous lesson appear to have a strong case in the 10-year performance of the Nasdaq Composite Index /quotes/comstock/10y!

持有此种观点的人们，他们最重要的参照物就是纳斯达克综合指数。

If a similar script were to get played out this time around, the Dow Jones Industrial Average /quotes/comstock/10w!

这可就是一个不折不扣的凶兆了，因为1974年至1982年那样的行情足以让任何一位投资者感到沮丧。

Yahoo Inc./quotes/comstock/15*!

在2000年3月时市值最大的互联网企业雅虎公司Yahoo Inc。

Quotes/comstock/10w!i:dji/delayed DJIA 10,167,+123.56,+1.23%Probably not, if you're like most investors.

如果你和其他大多数投资者一样，那么你恐怕是会做出否定的答复。

It wrung a lot of the bullish excesses out of investment advisers' moods./quotes/comstock/10w!i:dji/delayed INDU

由于近期的市场震荡，投资通讯编辑当中原本是过分的看涨情绪现在已经变得正常了不少。

Amazon.com Inc./quotes/comstock/15*!

亚马逊公司Amazon.com Inc。

Indeed, a little more than an hour before the close on Thursday, when the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed ( INDU 10,785,+404.71,+3.90%) was down nearly 1,000 points, fear and panic were so thick you could cut them with the proverbial knife.

具体说来，在周四收盘之前大约一个小时多一点的时候，即道琼斯工业平均指数下跌了近1000点之际，恐惧和慌乱情绪极端浓重，就像俗话说的，这些情绪近乎固体，可以用刀子来切开。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。