http://www.reuters.com/article/us-britain-eu-usa-clearing-idUSKCN0ZD2PI
FOR THE RECORD, I’M NO WIZ WITH OPTIONS & FUTURES.
BUT WHAT I’VE GATHERED FROM WIKIPEDIA…
IT’S ALL GAMBLES AND HEDGES TAKEN TO COVER ASSES ON BOTH SIDES OF ALL EXHANGES AND COMMODITIES TRADING.
IN OTHER WORDS… RE-INSURANCE IN CASE THINGS GO OFF RAILS.
NOW, IF MY MATH ISN’T TOO RUSTY FROM GRADE 12, I CAN ALSO COVER MY BETS ONE WAY OR ANOTHER AFTER THE FACT JUST IN CASE 50 PERCENT PLUS 1 SWAYS THINGS RIGHT INTO A BLACK HOLE.
SO… AT THE RISK OF REPEATING MYSELF – YOUR ASSES ARE COVERED EITHER WAY THE VOTE TURNS OUT AND NO I.Q. HIGHER THAN 5 WAS REQUIRED TO THINK THAT THROUGH. MY ASSESSMENT OF WHAT PEOPLE THINK IS LEFT OF MINE AFTER ALL I’VE BEEN THROUGH.
NOW TELL ME. HOW FAR OFF BASE FROM HOME PLATE AM I WITH THAT ASSESSMENT ???
WHO’S ON FIRST, WHERE’S SECOND AND NO ONE ON THIRD LEAVES ME WONDERING WHICH FIELD I’M IN OR HIT IT OUT OF THE BALLPARK ?
Leave a comment