滞后

This text is by way of analyzing the big needle drum system of cigarette equipment PASSIM's cigarette machine studying YuXi cigarette factory 20th century the nineties import, analyses studying finding shortcoming owing to the congenital design of this system, again many years is r-und to wear and tear, and many questions of PASSIM 12K feed container system are created, it is slow like responds and the lag and leather belt slip and supplies thread uneven.

本文通过分析研究玉溪卷烟厂二十世纪九十年代进口的卷烟设备PASSIM卷烟机大针鼓系统，分析研究发现由于大针鼓系统先天设计的不足，加上多年运行磨损，造成PASSIM 12K料斗系统诸多问题，如响应慢、滞后、皮带打滑、供丝不均匀等。

Applying contrarian strategy of Lo,Mavkinlay(1990), the decomposition of Jegadeesh,Titman(1995) and introducing turnover shock into the contrarian strategy, we find there are statistically significant profits for short-term contrarian strategy in the China stock market.

运用了Lo，Mavkinlay(1990)反转策略设计、Jegadeesh，Titman(1995)反转收益分解框架并引入成交量冲击对中国股市短期反转策略进行了实证研究。结果表明，中国股市存在显著的短期收益反转，反转强度与公司规模相关。反转收益主要来源于对公司特有信息的过度反应，而并非由&领先-滞后&结构驱动。

In the days of sailing vessels the crew were afraid they would be becalmed on the ocean.

在使用帆船的时代，船员们担心他们会因为无风而无法在海洋上航行。

As long as foreign donors pay the PA's salary bill, few expect a new intifada.

只要外国继续为巴权力机构的薪水买单，希望发动新暴动的人便寥寥无几。