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#1 2004-10-20 17:33:43

BWhite
Member
From: Chicago, Illinois
Registered: 2004-06-16
Posts: 2,635

Re: Trading on the US election - Amusement or horror?

http://www.intrade.com/jsp/intrade/contractSearch/]This web site allows you to buy and sell "contracts" on whether George Bush or John Kerry will win the election.

Really.

Is it legal? I don't know. Sounds a lot like gambling, but maybe not.

What we need to do is to add a "Man on Mars" futures contract.


Give someone a sufficient [b][i]why[/i][/b] and they can endure just about any [b][i]how[/i][/b]

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#2 2004-10-20 17:49:47

John Creighton
Member
From: Nova Scotia, Canada
Registered: 2001-09-04
Posts: 2,401
Website

Re: Trading on the US election - Amusement or horror?

A company might be able to use it to cover some riskes on any contracts that depend on the ellection.


Dig into the [url=http://child-civilization.blogspot.com/2006/12/political-grab-bag.html]political grab bag[/url] at [url=http://child-civilization.blogspot.com/]Child Civilization[/url]

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#3 2004-10-20 19:17:02

clark
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Registered: 2001-09-20
Posts: 6,375

Re: Trading on the US election - Amusement or horror?

read the fine print, it's infotainment.

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#4 2004-10-20 19:48:49

BWhite
Member
From: Chicago, Illinois
Registered: 2004-06-16
Posts: 2,635

Re: Trading on the US election - Amusement or horror?

read the fine print, it's infotainment.

'Ya think? tongue


Give someone a sufficient [b][i]why[/i][/b] and they can endure just about any [b][i]how[/i][/b]

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#5 2004-10-21 03:10:00

MarsDog
Member
From: vancouver canada
Registered: 2004-03-24
Posts: 852

Re: Trading on the US election - Amusement or horror?

Bush aides would want to hedge against loosing their jobs;
And those Kerry made promises to.

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#6 2004-10-21 06:06:18

clark
Member
Registered: 2001-09-20
Posts: 6,375

Re: Trading on the US election - Amusement or horror?

On further review it would appear that one can give them money to play on the fictious stock market...

They say they are affiliated with some bank in Ireland.

As for the Man on Mars futures... haven't you lost enough to me?  tongue  big_smile

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#7 2004-10-21 06:56:43

BWhite
Member
From: Chicago, Illinois
Registered: 2004-06-16
Posts: 2,635

Re: Trading on the US election - Amusement or horror?

On further review it would appear that one can give them money to play on the fictious stock market...

They say they are affiliated with some bank in Ireland.

As for the Man on Mars futures... haven't you lost enough to me?  tongue  big_smile

Maybe I just short sell the option, tweak my arguments at NewMars, and collect on the arbitrage.


Give someone a sufficient [b][i]why[/i][/b] and they can endure just about any [b][i]how[/i][/b]

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