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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Money where your mouth is: Hedge your bets
I recently found this web site:
HedgeStreet You can make bets on the economy. If you're right, you can make big money. If you're wrong, you lose your entire bet. I'm fascinated by this, as it only takes $100 to start your account. This is basically educated gambling. Can you estimate the leading economic indicators and commodity prices? What sayeth the council? |
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09-07-2005, 09:04 AM
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Registered
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It's Vegas, baby!
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techweenie | techweenie.com Marketing Consultant (expensive!) 1969 coupe hot rod 2016 Tesla Model S dd/parts fetcher |
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09-07-2005, 09:07 AM
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Registered
Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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If you want high-risk with potential high-returns, and are looking for something better than the zero-sum game of betting, consider the penny stock market.
It can be a lot easier to research and estimate the potentials (for success or failure) of some little micro-cap company, than it is to predict broad macro economic trends. A suggestion in the penny world: Symbol: PLKC. Company: PlanetLink Communications, http://www.planettraks.com/ (Disclosure: I'm long PLKC.) Joe |
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09-07-2005, 09:17 AM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Did anyone say Buffet?
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Copyright "Some Observer" |
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09-07-2005, 10:35 AM
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Sinister Dove
Gemini Boomerang
Porsche 996 Turbo Convertible
996 Turbo
