The consensus is always wrong – equity analysts are far too optimistic and bond guys are far too bearish on their market .

市场的共识往往是错误的，股票分析师过于乐观，而债券从业者对 债市又太过 悲观。

If I had foreseen such a drastic bearish change in the market I would have never dared to get into it .

假设我能预见到如此猛烈的 下跌 行情，我绝不敢进入 股市。

Ordinarily an increase in inventories is a bearish signal since it points to a market in which supply is outpacing demand .

通常情况下，库存上升是一个 看跌信号，因为它表明 市场上的供应正超过需求。

Yet rather than double down on their bearish take some long-time market skeptics decided a bottom was near .

但一些长期对 牛市 行情持怀疑态度的分析师却没有 变本 加厉地 唱衰 股市，而是认定 股市已接近触底。

Yet through the autumn and winter of 2006 the market took a much more bearish view on economic growth and bond prices rose as the market priced in aggressive Fed rate cuts in 2007 .

不过，2006年整个秋冬季节，市场对经济增长的看法更为 悲观，随着 市场对美联储2007年可能会大举降息的预期进行消化，债券价格上涨。

Amid a run-up in Chinese stock prices that has sparked warnings of a bubble two new derivative products that offer investors tools to take bearish bets on the market debuted in Shanghai on Thursday .

中国股市涨势引发泡沫警告之际，两款新的衍生产品周四在上海亮相，为投资者提供押注 市场 下跌的工具。

Relative to last quarter managers became substantially more bearish on many areas of the stock and bond market .

与上个季度 接受 调查时的 观点 相比，经理们对股市和 债市诸多领域的 悲观 看法显著加强。

On the other hand we find in the bearish market overreaction on winner portfolio and the possible reason is representative heuristics ;

“ 熊市”中，在赢者组合上的 投资者行为表现为过度反应，这可能是由于投资者的代表性启发式心理造成；

In other words despite the bearish sentiment in the market current valuations are deemed to be bargains relative to historic averages .

换句话说，尽管 市场上交易评估的 熊市情绪被认为是与历史平均水平相关的议价。

Should we be bullish or bearish on housing the stock market gold and oil ?

房子、 股票、黄金和石油，我们是该看涨，还是 看跌呢？

The bearish market moves stand in contrast to the rosier consensus among economists that the renminbi will appreciate at an annual rate of 3 to 5 per cent in the coming years .

市场 的 看跌举动，与经济学家们较为乐观的共识形成了鲜明对比。经济学家们大多认为，未来数年内，人民币对美元将每年升值3%至5%。

This system identifies bullish and bearish phases in any market and timeframe by combining two indicators .

这个系统通过结合两个指标来确认任何时间框架内任何 市场的多头和 空头阶段。

State-owned petroleum companies are facing difficulties brought on by a bearish market and the narrow margin between producer and market prices .

国有石油公司目前主要面临市场疲软和 进 销 差率小所带来的困难。

That may reflect Chinese hedge funds scrambling to buy back bearish bets against the metal as they faced rising margin calls from the equity market .

这可能反映了中国对冲基金面对 股市节节上升的追加保证金要求， 竞 相对 看跌这种金属的押注进行平仓。

First bearish commentators were focusing on the smaller but more expensive Shenzhen market and looking backwards 12 months .

首先， 看跌的股评人士关注的是规模较小、但价格更高的深圳 股市，并回顾其过去12个月的表现。

Of course investors still bullish or bearish on the broad market can always place their bets on other SiMSCI Futures contracts still outstanding .

愿意继续 投机的投资者只能把目标转到其他尚未到期的期货去。

HSBC recently published a report listing the potential for political unrest as a key reason behind its bearish call on the Hong Kong stock market although it later expanded its argument to include other factors .

汇丰银行（HSBC）最近发布了一份报告，将潜在的政治动荡列为对香港 股市 持 悲观 看法的一个关键原因，不过该银行随后补充了其看法，又列出其他一些因素。

He said that it was bearish for the market and bearish for the world .

他认为这对于 市场和整个世界而言都是 悲观的。

Goldman did not tell the purchasers that they were buying an interest in loans hand-picked by Mr Paulson who took a very bearish view of the subprime market .

当时高盛并未告诉买家，他们在购买由保尔森亲自挑选的贷款的一部分权益，而保尔森本人对次贷 市场的看法非常 悲观。

Analysts disagree as to how bearish the current market is and how long prices will continue to drag .

分析师存在分歧的是，当前 市场 的 低迷程度和价格不 振的持续时间。

We speak to lots of investors and our sense is that the mood music and attitude toward gold is a little less bearish than this time last year said Alistair Hewitt head of market intelligence at the WGC .

我们与很多投资者保持沟通，我们的感觉是，人们对黄金的心情和态度比去年这个时候少了一点 悲观，世界黄金协会 市场情报负责人阿利斯泰尔休伊特（AlistairHewitt）表示。

On the basis of analyzing the abnormal conditions from investing in stock market the inner mechanism of long-term bearish market is pointed out and some relevant advices are put forward to protect capital investors .

在对股市投资的“异象”进行分析的基础上，指出 熊市“ 漫漫”的内在机理，并提出了相应的保护资本投资者的建议。

They are putting money into a new generation of indices and hedge funds that yield strong returns even in a bearish market .

它们正把资金投入新一代指数和对冲基金，即使在 熊市中也会产生强劲收益。

David Ader head of government bond strategy at CRT said his research and trading house was leaning towards a bearish view of the Treasuries market with a test of the 4 per cent yield level for the 10-year note .

CRT国债策略主管大卫阿德（DavidAder）说，他所在的研究和交易公司倾向于 看空美国国债 市场，认为10年期国债收益率将试探4%水平。

Considering the bearish EIA stats which showed a larger than anticipated build in crude inventories the market held relatively well .

EIA 熊市数显示原油存货数字较大，持货量相对良好。

You could use the exact opposite approach to short stocks in a bearish market .

你可以使用背道而驰的做法，在 股市 不 振短期 市场。

Short-selling interest in S & P 500 stocks has reached its highest since November last year as investors piled on bearish bets in the past month underlining the scale of the sharp switch in market sentiment .

目前，投资者卖空标普500指数成分股的热情已达到去年11月以来的顶峰。过去一个月，投资者纷纷进行 看空押注，凸显出 市场情绪的急剧转变。