Shares of Apple ended the trading day up 0.6%, but guidance for the coming quarter hit the stock in after-hours trading, pushing the stock down about 4.5%.
当日苹果股价上扬0.6%，不过数小时交易之后，对该公司下一个季度的财务评级使得其股价下跌了4.5个百分点。
If you were holding 20% cash and wanted to match the 7.4% of the Dow Jones industrials for the fourth quarter, your stock picks needed to return about 9.3% for the period.
第四季度持币20%的情况下，想要和道指的7.4%角力，你同期精选股票的回报就必须要有9.3%。
Stock holdings were liquidated every quarter, presumably to avoid reporting big positions.
Madoff公司持有的股票每个季度都要变化，推测是为了避免仓位达到一定比例要对外公布。
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