21. If a money manager buys bonds, for example, he might choose to sell futures. 22. If it seems to be headed steeply down, he sells futures. 23. In a short sale, traders sell bond futures on the bet that prices will fall. 24. In an irony not lost on Thompson, he is helping to sell a future that may not include him. 25. In the U.S., the El Nino-minded may want to sell futures. 26. Money managers in search of quick profits are selling crude oil futures and moving into equities and bonds instead. 27. Nor does anyone, except the victims, mention the merchants who sell futures, then declare bankruptcy, or who sell futures without any commitments from wine suppliers. 28. Refiners sold gasoline futures contracts while at the same time buying the crude oil needed to make the fuel. 29. Reckoning that the futures were overpriced, he sold futures and bought the bonds, reaping big profits from the mispricing. 30. Speculators, brokers and wine lovers buy and sell the futures, which give the holder the right to take delivery of the wine. |