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"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities - that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future - will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room in which the clocks have no hands."

C n！ h9 u5 O C： C昆山，bbs，论坛，昆山BBS，昆山论坛，kb，kbcool 投资与投机之间永远是一线之隔，尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此，再也没有比大笔不劳而获的金钱更让人失去理性，在经历过这类经验之后，再正常的人也会像参加舞会的灰姑娘一样被冲昏了头，他们明知在舞会中多待一会也就是继续将大笔的资金投入到投机的活动之上，南瓜马车与老鼠驾驶现出原形的机率就越高，但他们还是舍不得错过这场盛大舞会的任何一分钟，所有人都打算继续待到最后一刻才离开，但问题是这场舞会中的时钟根本就没有指针！

Theline separating investment and speculation, which is never bright andclear, becomes blurred still further when most market participants haverecently enjoyed triumphs. Nothing sedates rationality like large dosesof effortless money. After a heady experience of that kind, normallysensible people drift into behavior akin to that of Cinderella at theball. They know that overstaying the festivities - that is, continuingto speculate in companies that have gigantic valuations relative to thecash they are likely to generate in the future - will eventually bringon pumpkins and mice. But they nevertheless hate to miss a singleminute of what is one helluva party. Therefore, the giddy participantsall plan to leave just seconds before midnight.

投资与投机之间永远是一线之隔，尤其是当所有市场的参与者都沉浸在欢愉的气氛当中时更是如此，再也没有比大笔不劳而获的金钱更让人失去理性，在经历过这类经验之后，再正常的人也会像参加舞会的灰姑娘一样被冲昏了头，他们明知在舞会中多待一会-也就是继续将大笔的资金投入到投机的活动之上，南瓜马车与老鼠驾驶现出原形的机率就越高，但他们还是舍不得错过这场盛大舞会的任何一分钟，所有人都打算继续待到最后一刻才离开，但问题是这场舞会中的时钟根本就没有指针！

At the end of the year 1926, a trip to Europe widened his vision still further.

在1926年底，欧洲之行还进一步拓宽了视野。

By creating rivalries and jealousies, empowering each branch to place obstacles in the way of the others' full exercise of their powers, the draftsmen believed they lessened still further the chance that government would pass beyond the people's control.

宪法的起草者们确信，他们通过制造竞争和戒备状态，以及授权各政府机关为全面行使权力设置障碍，进一步减少了政府不受人民控制的机会。

Rich countries, where food is a small part of total consumption, have less to worry about, although they should beware the ratchet effect as food importers increase subsidies and food producers tax exports, driving up world market prices still further.

对于食品在消费总开支中只占一小部分的富裕国家而言，需要担心的问题要少一些，但他们应该意识到，食品进口过增加补贴和食品生产国征收出口关税会带来棘轮效应，进一步抬高世界食品价格。

His naturally dark complexion had assumed a still further shade of brown from the habit the unfortunate man had acquired of stationing himself from morning till eve at the threshold of his door, on the lookout for guests who seldom came, yet there he stood, day after day, exposed to the meridional rays of a burning sun, with no other protection for his head than a red handkerchief twisted around it, after the manner of the Spanish muleteers.

他的肤色天生是黯黑的，加之这个可怜虫又有一个习惯，喜欢从早到晚地站在门口，眼巴巴地盼望着有一个骑马或徒步来的旅客，使他得以又一次看见客人进门时的喜悦，所以在这黑色之外，又加了一层棕褐色。而他的期待往往是失望的，但他仍旧日复一日地在那儿站着，曝晒在火一般的阳光之下，头上缠了块红手帕，象个西班牙赶骡子的人。

15 These are the renegades and traitors to the Church, that blasphemed the Lord in their sins, and still further were ashamed of the Name of the Lord, which was invoked upon them.

81：15 ，这是叛徒和卖国贼，以教会，亵渎了上帝，在他们的罪孽，并仍在进一步被惭愧主的名字，这是引用他们。

Sting Ray represents the first generation of programmable torpedoes and attention has been turned to the problems of how to harness the vast computer powers now available with their associated software programs, how to package the maximum computer power in the smallest possible space, and how to improve still further the processing and filtering techniques so vital to exclude extraneous noise and vibration.

分析：并列分句attention has been turned to the problems…里的the problems后的介词of 接有三个由疑问词how +动词不定式短语构成的并列成分。filtering techniques：滤波技术，鱼雷利用该技术可以滤掉海洋里产生的干扰声源和鱼雷在水里运动时产生的振动和噪声，所有这些干扰都会对装在鱼雷上的声纳产生干扰，从而影响其探测功能。译文：&鳐鱼&代表着第一代程序控制鱼雷。人们已经将注意力转到如何利用现有的巨大计算机能力及其相关软件程序，如何在尽可能小的空间内容纳最大的计算机能力，以及如何更进一步改进对于排除外来噪声和震动来说至关重要的处理与滤波技术等问题上。

In The Canterbury Tales, he developed his art of poetry still further towards drama and the art of the novel.

在《坎特伯雷故事集》中，他把他的诗歌艺术进一步向着戏剧和小说艺术发展。

That destabilised the East German regime, first creating an embarrassing outflow of refugees, and then forcing the Berlin authorities to restrict travel freedoms still further.

该事件动摇了东德政权，首先是导致难民们大量流出，然后迫使柏林当局限制了出行自由，在那以后一直如此。

In the United States, chronic alcoholism and hepatitis C are the most common ones.

在美国，慢性酒精中毒，肝炎是最常见的。

If you have any questions, you can contact me anytime.

如果有任何问题，你可以随时联系我。