Re: UNITED AIR LINES TO LAY OFF 950 PILOTS

Mxsmanic <mxsmanic@[EMAIL PROTECTED]
> wrote:
> jimp@[EMAIL PROTECTED]
 writes:

> > The paper legally represents the owner****p of the house.

> Unless someone else decides to seize it.

> > In the end the ultimate seller may make a profit or a loss on the sale
> > of the future, but the future almost never becomes worthless.

> For every profit, there is a loss.

Wrong and utterly childish.

For commodities it means the original seller may make a smaller or
larger profit than if the commodities weren't promised as futures.

There is no "loss".

> > In trading futures one can influence the outcome and minimize the
risks
> > by knowing what one is doing.

> Famous last words.

And proven on a daily basis.


> > In gambling, about the only way to influence the outcome is to count
> > cards at games like blackjack, which isn't allowed in most casinos.

> It works better than playing financial markets.

Perhaps for you luck has a better ROI than skill.


-- 
Jim Pennino

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