SNOWFALL FUTURES? wth?

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roossy90
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SNOWFALL FUTURES? wth? - Wed, 02/15/06 1:48 AM
oK...
Now This has to be an early April Fools joke..
The Chicago Trading Board has announced Futures on SNOWFALL?
What is this,
Trading Places?
OMG>.........

http://www.newsday.com/business/investing/wire/sns-ap-snowfall-futures,0,4769763.story?coll=sns-ap-investing-headlines

UncleVic
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RE: SNOWFALL FUTURES? wth? - Thu, 02/16/06 4:23 AM
No different then Pork Belly's... Just going on the gamble of snow or no snow.. Salt or No Salt... Legal gambling I guess is what they call it...


berndog
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RE: SNOWFALL FUTURES? wth? - Thu, 02/16/06 10:41 AM
Hhhhmmmmm, kind of puts a whole new meaning on commodities. The other futures are based on tangible, resellable itmes which have some demand.

Looks like the Chicago Trading Board has gotten jealous of the Vegas sports book.

Scorereader
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RE: SNOWFALL FUTURES? wth? - Thu, 02/16/06 11:13 AM
The future for snow in DC is meltage. (is that a word? no? well, it is now!)

Gotta love DC, 10" of snow on Saturday, balmy by Wednesday.