ok we are not trying to be mean, we are just asking you question to get you to think... ok, so, here is our question... your placing a bet at Kentucky Derby, your horse you think will win is 67% chance of winning and is the favorite and highest chance of winning according to the experts... so they attach odds to that favorite horse... what are the odds posted on the board at the track betting station when you look on the screen above the cashier say for your favored horse?... ok, now you understand our question and also know the true meaning of odds (that's different than chance) so you can place a $100 bet and hand over the cash to the cashier... and when you win and go cash in your ticket, how much will the cashier with the well filled in top with buttons about to burst off give you back in cash for you to out back in your wallet (pending you don't drool all over your shirt cuz you can't take your eyes off her)
yes, we know, read our prior post that we were the first to answer his question correctly... now if you want us to attach odds on a bet we gladly provide that too if you wish so you can calculate is that bet worth while or not
don't assume he only wants to know green as his 3rd draw... he ask you what is the chance of which color would be next and why that color and attach a % to it
no no no, you not reading question right... he told you what the first 2 were, he didn't ask you if you not draw balls out of bag yet and calculate what are odds of drawing 3 green in a row before you start to draw... yes your math is right if that was what he ask, but that not what he ask you... sometimes you so smart you outsmart yourself and false start too early in race and disqualify yourself... if you could just hold a normal conversation with us about stock market you could be getting so much good info from us
red, cuz more chance of red... calculation is... 4/6=0.67... answer 67% red... only two-third chance but still more than 50/50... each random draw is independent of prior draw, next new draw means only can calculate what you have left to randomly get next... we know we answer different than all other people reply, but we read the question and answer it... no one else read the question properly... you know we expert in math
SPX 1991 6 points below the level a we thought, but it fits with our overall view as we were negative the market and short the index and remain short the index with a very small long hedge trade on since 1997
by the time we post message it dropped there... we couldn't post it fast enough... that's how negative this market show
...as you all know we were short the index a little early and were wrong for a few days and were down 2-3% on that trade but then a market stumble and fall down big and we very good on our trade... does this mean we are lucky? or does it mean we have figured it out correctly... doesn't matter cuz here are our new thoughts...
...market will now start its slop and chop volatility starting right about now... 1 indicator is saving the market from a full blown day crash today... but there still is a likely chance of SPX area 2008-1997...
crashes always take longer to happen but once they arrive they seem faster than you thought it took
if you want to discuss China with us we gladly do so, but no need to rush that topic... much more important on tap is coming... in this regard you mention S&P 500, and you right... durable ng the coming days we will be posting lots of questions to hear other opinions we think will be most thought provoking... we talk soon
it was yoohoo make joke...
...if you care to not joke and have serious conversation we gladly ask you few questions to get your opinion... no joke
when you hit an area of uncertainty it can cause major damage not only to properly and people but also a fragile state of economy that can't take a long time to recover