Tue, 02/27/2007 - 2:01pm — MJS
It's called gambling because players wager varying amounts of money that a certain company's stock will rise or fall, and depending upon their bet and the outcome the player will see a profit or a loss.
On a personal note, I was never a very good gambler. I could not get the final score until after the game I wanted to wager on was played. Bummer, that. Made the deal a tad risky.
+++
»
- MJS's blog
- Login or register to post comments
Front page
Comments
an easy rule of thumb
The House always wins, or they wouldn't bet you.
No Hell below us
Above us, only sky
Bernanke gets the handoff
.... from Greenspan and isn't it fun? from the link; 'former Federal Reserve Chairman Alan Greenspan says the economy could fall into a recession by the end of 2007'.
Good thing we've got a Wise Person to warn us. [This is known as self-fulfilling prophecy.]
Ruth
It's the carry trade
The arbitrage between the yen and the Euro ended about a week ago. Now the markets are in decline.