A Theory of Futures Market Manipulations -- A Discussion of Pete Kyle's Paper,

Abstract

Futures trading is among humanity's more impenetrable concepts. It involves selling what one does not own and, as a rule, buying what one does not want. It is deeply shrouded in terminology that conceals its meaning. It is deeply shrouded in terminology that conceals its meaning. It operates in an arena where opinion is everything, where supply and demand are hard to distinguish from supposition and doctrine and where inherent uncertainty has spawned an endless holy war between two religious sounding antagonists, the 'fundamentalists' and the 'chartists'... Into this world comes the general public, eager to enjoy its riches and often unprepared to become its poor. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Oct 01, 1983
Accession Number
ADA145253

Entities

People

  • S. W. Salant

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Ambiguity
  • Collapse
  • Commerce
  • Commodities
  • Contracts
  • Doctrine
  • Frequency
  • Intervals
  • Law
  • Manipulators
  • Mechanics
  • Observation
  • Probability
  • Regulations
  • Translations
  • Uncertainty

Readers

  • Educational Psychology
  • Industrial Economics
  • Political Violence and Terrorism Studies.