Word: perring
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Dates: during 2000-2009
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...past year oil has traded above $120 per barrel and below $50 per barrel, generating plenty of buzz (even within government agencies like the Commodity Futures Trading Commission) about oil speculators and their mysterious ways of making mounds of money. (Read "Why There Should Be More Oil Speculation, Not Less...
...brokerage account, but it lets you leverage your bets to the hilt) as collateral to comfortably trade one contract. That might sound like a lot for just one contract, but a single contract on NYMEX represents 1,000 barrels of crude oil: if the price moves $10 per barrel, you just had a swing of $10,000 in your account, which means you've either doubled your money or lost your shirt, your dreams wiped out in mere minutes. And you thought casinos had all the action...
...make money? If you sell oil at, say, $66 per barrel, and buy it back at, say, $65 per barrel, you keep the $1 per barrel difference. On one contract, or 1,000 barrels, that comes to $1,000. Not bad for a hard day's work. But take the other side of that trade - buy for $66 and sell for $65 - and you've lost a grand per contract. Remember that on both trades, you're going to pay high transaction fees and commissions, and you'll likely be forced to take a worse price in order to guarantee...
...resting body, compared with the two calories that a pound of fat burns. Which means that after you work out hard enough to convert, say, 10 lb. of fat to muscle - a major achievement - you would be able to eat only an extra 40 calories per day, about the amount in a teaspoon of butter, before beginning to gain weight. Good luck with that...
...European Congress on Obesity. The Peninsula scientists had studied 206 kids, ages 7 to 11, at three schools in and around Plymouth, a city of 250,000 on the southern coast of England. Kids at the first school, an expensive private academy, got an average of 9.2 hours per week of scheduled, usually rigorous physical education. Kids at the two other schools - one in a village near Plymouth and the other an urban school - got just 2.4 hours and 1.7 hours of PE per week, respectively...