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...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...

Author: /time Magazine | Title: So You Want to Be an Oil Speculator? | 8/10/2009 | See Source »

...Keep moving, don't stop," shouted the Basij, many mounted on red motorcycles, as they pressed the crowds, which numbered in the hundreds, possibly thousands, many openly wearing the rebel green in support of Ahmadinejad's closest rival in the election, Mir-Hossein Mousavi. Others, however, wore black to mourn another four years under Ahmadinejad. Many yelled, "Death to the dictators." Because the area around the pyramidal parliament building was so tightly cordoned off, many protesters moved to the nearby Grand Bazaar, where they chanted "Allahu Akbar...

Author: /time Magazine | Title: Street Protests Continue with Ahmadinejad New Term | 8/6/2009 | See Source »

...Khamenei's dire warnings weeks ago that those who continue to demonstrate would be treated as enemies of the Islamic Republic are still joined by such notable establishment figures as former President Mohammed Khatami, reformist candidate Mehdi Karroubi and Mir-Hossein Mousavi, the leading opposition candidate. Khamenei's red lines have been ignored by the opposition, and his own legitimacy has been questioned as never before, whether by street protesters breaking a taboo by shouting slogans against him, or by key regime figures like former President Ali Akbar Hashemi Rafsanjani openly rebuking his partisan interventions as an abuse...

Author: /time Magazine | Title: A Weakened Ahmadinejad Sworn in for a Second Term | 8/5/2009 | See Source »

...eventually dispersed—on the observation deck that day proved more intriguing. The high-heeled woman who took off work to watch the sun at 9 a.m. rushed back, and worked overtime. The little girl who jumped with glee as she faced the receding, glowing-red blob was hurried onto a school bus to sit behind a desk for the next six hours or so. People flowed back onto the escalators—letting themselves be moved instead of moving—to the next destination after destination, always looking forward and never around...

Author: By Vidya B. Viswanathan | Title: The Revealing | 8/4/2009 | See Source »

...selling sweet flavored ice, a Middle Eastern cart full of fresh mangoes, a Dominican cafe cooking spicy sandwiches, and an old Jewish deli hawking hunks of pastrami (all cheap, for the visitor). Some blocks resemble a World's Fair of bargain grocery stores, places of worship, and trendy bars. Red brick housing projects hide not far away. Even while standing at the base of a solid and impressive historic landmark, the outsider cannot escape feeling the juxtapositions in his gut. Novelist Price enjoys visiting Schiller's in part for the decor, which was taken from old warehouses...

Author: By Alex M. Mcleese | Title: Yesterday and Today | 8/4/2009 | See Source »

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