Word: ended
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...futures market is like a perpetual roulette wheel: red or black, up or down ... in the end, you're just betting on the direction of prices. And just as in roulette, the house will hold an advantage. In this case the house effectively consists of big players like Goldman Sachs who own supercomputers that can easily stay one step ahead of your moves. Also, since you're not a big player the action is going to come at a steep cost. You'll pay more in exchange fees and commissions than the big boys, and get less profitable prices, buying...
...end, you're not going to fare very well. It's the old gambler's-ruin problem: you can only lose so much and you're not likely to keep making money indefinitely, so you're going to get wiped out eventually. But some players are big enough to triumph. They have low trading fees and get the best prices on their trades. They're the ones definitively moving prices. It's not the small speculators that we should be worried about. It's the larger speculators, like the investment banks. Because they don't even have to worry about...
...either recite or enter the six-digit code - which can be found online or on every lamp in each street - that corresponds to the stretch of road they want lit. Within seconds, the lights are on, and they'll stay on long enough for someone to walk from one end of the street to the other. "The scheme is easy for everyone to use," says Grote...
...This looks like the end of the world...
...very strategic about his use of it," says Eugene Kang, the 25-year-old White House special-projects coordinator, who played with the President at Andrews Air Force Base in late June. "It's always fun to make the putt and give him a nice little look at the end." (See pictures of Barack Obama's college years...