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Doug Kanter
 
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"P. Fritz" wrote in message
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Claiming that futures markets were the same as the stock market bubble is
just pure ignorance.

Futures markets are basically legalized gambling.


Really? Perhaps you can explain how a stock can trade at a P/E ratio of,
say, 500, with little or no cash on hand and no profits in sight for at
least a few years, and how that's not gambling.


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