Фінансист

Chapter VI

           Agongsoundedthecalltotradingatteno’clock,andiftherewasanoticeableriseordeclineinastockoragroupofstocks,youwereapttowitnessquiteaspiritedscene.Fiftytoahundredmenwouldshout,gesticulate,shovehereandthereinanapparentlyaimlessmarmer;endeavoringtotakeadvantageofthestockofferedorcalledfor.

           "Five-eighthsforfivehundredP.andW.,"someonewouldcallRiversorCowperwood,oranyotherbroker.

           Fivehundredatthree-fourths,"wouldcomethereplyfromsomeoneelse,whoeitherhadanordertosellthestockatthatpriceorwhowaswillingtosellitshort,hopingtopickupenoughofthestockatalowerfigurelatertofillhisorderandmakealittlesomethingbesides.IfthesupplyofstockatthatfigurewaslargeRiverswouldprobablycontinuetobidfive-eighths.If,ontheotherhand,henoticedanincreasingdemand,hewouldprobablypaythree-fourthsforit.IftheprofessionaltradersbelievedRivershadalargebuyingorder,theywouldprobablytrytobuythestockbeforehecouldatthree-fourths,believingtheycouldsellitouttohimataslightlyhigherprice.Theprofessionaltraderswere,ofcourse,keenstudentsofpsychology;andtheirsuccessdependedontheirabilitytoguesswhetherornotabrokerrepresentingabigmanipulator,likeTighe,hadanorderlargeenoughtoaffectthemarketsufficientlytogivethemanopportunityto"getinandout,"astheytermedit,ataprofitbeforehehadcompletedtheexecutionofhisorder.

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