Obviossly.
Obviossly.
Nothing.
Nothing at all.
Which is/was my point. Speculators make commodities and options markets highly liquid. The liquidity makes futures and options available to the people who actually own or wish to own the underlying equity available to use as a form of insurance thus transferring risk. Its a very complicated subject.
Aside: if you are truly interested you can take a course at OU called Securities and Derivatives that goes into the subject in great detail. Don't know about now but if you've got a 3.75 GPA, are a Junior or higher and know calculus really well you can take it. Expect to bust your ass in the course. When I took it in '95 we started with 22. At the end of the semester there were 6 of us left to take the final. If you'd like a taste of what the course has to offer Google Black-Scholes. Those guys developed the equation used to calculate the value of futures and options. We had to derive the thing from the ground up in class. Took about 2 weeks and a very thorough knowledge of calculus. Kind'a cool but gave me a headache.
OMG just 60 points left.
Where'd he get bonus points?
I learn much better by just picking it up and doing it. That's why if you pull my transcript, you'll see that I'm not qualified on paper for the course.
http://www.foxnews.com/slideshow/world/2011/05/04/inside-bin-ladens-secret-hideaway/#slide=2
Anybody know what kind of helicopter crashed during the raid? I don't recognize the picture.
Anybody know what kind of helicopter crashed during the raid? I don't recognize the picture.
Apparently some new stealth Helo, modified H-60 blackhawk.
Speculation is that it is a blackhawk highly modified to lower its radar cross section.
Conspiracy theorists take heart, the .gov now has a stealth helicopter!
