When "contagion" spreads, it is sometimes best to step aside and reduce positions because psychology and emotions can also spread - causing markets to move past any "reasonable" level.
当“歪风”蔓延开来的时候，有时最好站在一旁减少头寸。因为心理和情绪也会蔓延，这将导致市场移动到“合理的”水平。
So, when one of these positions reverses, the effects spread rapidly as speculators bail out of their positions to reduce risk and preserve their capital.
因此，当一个领域状况发生逆转，投机者就会撤出资金来降低风险和保护自己的资本，这会使这种撤出效应会迅速传播。
Exxon's spread helps diversify its risks; and it positions the firm well to leap into new growth markets, such as China.
埃克森的扩张有助于分散风险，除此之外，它还迅速侵占了海外新兴市场，比如在中国，它已经设立了公司。
Exxon's spread helps diversify its risks; and it positions the firm well to leap into new growth markets, such as China.
埃克森的扩张有助于分散风险，除此之外，它还迅速侵占了海外新兴市场，比如在中国，它已经设立了公司。
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