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...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 slightly higher and selling slightly lower than they...

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

...STEP ONE Register your phone on the scheme's website...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

...STEP TWO Call the number and recite or punch in the six-digit code that corresponds to the street you want...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

...STEP THREE Seconds later, a control center will switch the lights on for a few minutes...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

...father H.W. did, like a race against time, until the last years in office, when the son banned himself from the game because he didn't want to send the "wrong signal" to the mothers of the Iraq-war dead. (Read "Ronald Reagan's Golf Balls? Step Right...

Author: /time Magazine | Title: Barack Obama: America's (Not So Great) Golfer-in-Chief | 8/9/2009 | See Source »

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