Periods of euphoria were followed by market crashes .

一阵阵的盲目乐观之后是市场的崩溃。

Like all computerized systems , electronic records are vulnerable to crashes .

正如所有计算机化的系统一样，电子档案很容易崩溃。

Most people learn this the hard way , the day their computer crashes .

大多数人很难意识到这个问题，直到他们的计算机崩溃。

Crashes are often distinguished from bear markets by panic selling and abrupt , dramatic price declines .

股市崩溃通常与熊市区分开来，这是由于股市崩溃意味着恐慌性抛售和股价大幅骤降。

The problem comes when the market crashes and prices drop below the strike price of the option .

但当市场崩溃、资产价格跌落到行权价格以下时，问题就出现了。