Civil Discourse Now

Where the far left and far right overlap for fun and enlightenment

All Blog Posts Tagged 'sales' (2)

World of algorythmic trades: simultaneous creation of a market "crash" by the same player that sells "short."

   A "short" sale occurs when someone bets a specific stock or generally the market will drop in value. Perhaps the most famous practitioner of the short sale was Jesse Livermore. When the market crashed in 1929, he had sold short. He made millions, while other, less-inspired traders, leapt to their deaths from office windows overlooking Wall Street.

   At the end of the afternoon, when various news programs report the day's trading, rare is a camera shot of the trading floors. In…

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Added by Mark Small on March 20, 2013 at 6:00am — 1 Comment

Indiana: the ONLY state that does not allow carry-out sales of alcohol on Sunday.

   By my second year at DePauw, I had learned a valuable lesson about law and the State of Indiana. One could not buy carry-out in the Hoosier State. By that, I mean one could not walk into a grocery or liquor store and purchase a 12-pack or a case of beer—or a bottle of wine or whatever. I began a practice that has lasted to the present day. On Saturday, I always stock upon my favorite beverage. (At present I prefer Bud Select®—fewer calories and the same taste as Bud Lite.) 

   When…

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Added by Mark Small on May 3, 2012 at 6:08am — 1 Comment

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