The Green Lumber Fallacy

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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L.o.S
Posts: 166
Joined: Sun Apr 28, 2013 4:05 pm

Same thing as the lot of us trading pre-race, actual knowledge of the runner/form/trainer etc isn't necessary conductive to trading!

Pretty cool.
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BJGardner
Posts: 312
Joined: Thu Jan 31, 2013 11:09 am

Yea its always easy to back fit a marrative into why a result happened.

I always wondered what pork bellies are?

Trading Places

Randolph Duke: Exactly why do you think the price of pork bellies is going to keep going down, William?

Billy Ray Valentine: Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

Randolph Duke: [on the ticker machine, the price keeps dropping] He's right, Mortimer! My God, look at it!
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