I'm sure these wallflowers will NOT make the Birchtree Index!
I kid you not -- snow derivatives.
Big storms drive trade in snow derivatives
”Jeff Hodgson of the Chicago Weather Brokerage sells snowfall derivatives. Here's how they work:
JEFF HODGSON: I'm going to pay $10,000, and if it snows over 40 inches in Chicago, that option will be worth over $25,000. If it doesn't snow over that level, then I lose my $10,000.”
I'm sure these wallflowers will NOT make the Birchtree Index!
THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
Tracker = Check my position
We cal that the Over/Under in the gambling world.
In Dog Beers I've only had two.
I wonder if they'll start giving out free show and buffet tickets with each position.
I think you can make the same bet here: www.intrade.com
1-800-gambler
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Chicago Weather Brokerage
Crime town - that tells you all you need to know.
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
Can you be sure what kind of snow?
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