To: BubbaFred who wrote (1513 ) 7/29/2003 2:29:16 PM From: MSI Respond to of 20039 I'd like to know who those traders are put them before a Grand Jury of civilians having nothing to do with gov't. It was so successful that the insiders want to expand it to a wider variety of death-dealing events. Here's some details on how DOD wants it to work: make a large bet on assassination/terrorism or other event you expect will be happening. As the DOD terror-trade website explains, you can "make a handsome profit". The slaughter of innocent people is just a bonus for the Death Cultists.policyanalysismarket.org and click on the example The cells that form the outside of the table below illustrate the four futures contracts that span the two issues. The PAM trading system makes sure that the prices for the futures contracts that span an issue add up to $1.00; thus, a price is also a prediction; e.g., $0.35 = 35% prediction of A. The inner four cells of the table represent the joint outcomes for these two issues – the PAM trading system prices these so that they are equivalent to predictions as well. A PAM trader who feels comfortable with both issues may choose to trade a contract in a joint outcome, a type of derivative. However, neither of the two PAM traders described above would be comfortable trading a joint derivative contract, which does not mean that such a trader has no information about joint outcomes. The specialist in Jordanian domestic affairs may have a strong opinion that should the Iraqi regime persist beyond one month, the Jordanian monarchy will most likely fall. However, this PAM trader has no special knowledge of how U.S. military capabilities compare to Iraqi capabilities or of how the U.S. military intends to utilize its capabilities. For this trader, the conditional derivative, or hedge, is quite powerful. The conditional derivative allows the Jordanian domestic affairs specialist to leverage her knowledge of an effect (A) by hedging against her relative ignorance of a cause (B) – if the cause does not occur, then she does not lose any money, but if the cause does occur and the effect as well, then she can make a handsome profit.