http://www.nytimes.com/2003/07/31/politics/31CND-POIN.html?hp
-----Original Message----- From: lbo-talk-admin at lbo-talk.org [mailto:lbo-talk-admin at lbo-talk.org]On Behalf Of Brad DeLong Sent: Thursday, July 31, 2003 12:46 PM To: lbo-talk at lbo-talk.org Subject: Re: [lbo-talk] Markets and the tooth fairy
Currently on tradesports.com, their "Poindexter August 03" contract (which pays 100 if Poindexter still has his job on August 31 at 11:59 PM EDT, and 0 if Poindexter has decided to spend more time with his family) has hte following order book:
Bid-- 18 contracts @ 9, 10 contracts @ 1
Ask-- 1 contract @ 99, 3 contracts @ 93, 1 contract @ 69, 2 contracts @ 62, and 100 contracts @ 20.
There is thus considerable resistance to the Poindexter contract breaking upward of 20...
Brad DeLong
___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk