Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (50820)	6/8/2004 5:02:26 AM
From: rz	Read Replies (1) of 74559

>> "Okay, I'll lose a bit but I get to use the money from selling the futures for the next 6.5 years so that will be worth more than the loss. << You don't get any money up front by selling futures. As a matter of fact your broker will take small "good faith" deposit from you right away. Then, every night he will calculate your daily profit/loss and add/subtract the calculated amount to/from your account. Since you assume that the sellers are wrong then it means their loss will be subtracted from their account over time. >> I find insanity of market participants useful to study. << You can test your convictions and find level of sanity/insanity of others by buying these futures.

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