17 Dec
2003
17 Dec
'03
5:17 p.m.
C'punks, On Sun, 17 Apr 1994, Eric Hughes wrote:
. . . [quotes from another poster] You still need infinite pockets with transaction costs of zero. . . . [blah, blah, blah]
Almost everyone posting on this subject keeps forgetting that this isn't an exercise in probablity theory. These are rigged transactions. The fix is in. A broker in on the deal assigns the wins and loses *after* the trades are completed. This is not conjecture; I used to work for someone who--by his own admission--used to perform a similar service for clients. S a n d y P.S. I'm not picking on Eric, he just had the most recent post.