Intrade needs to specify the expiry conditions more precisely.
Still, I remain short the contract:
Monday, May 19, 2008
Land-Ocean year-to-date temperatures 0.35 Celsius over baseline
according to GISS. Assuming the Intrade "Top 5" global warming contract expires according to the Land Ocean Index, May - Dec 2008 temperatures will need to average 0.65 Celsius over baseline. The record was set back in 2005, 0.62 Celsius over baseline.
Intrade needs to specify the expiry conditions more precisely.
Still, I remain short the contract:
Intrade needs to specify the expiry conditions more precisely.
Still, I remain short the contract:
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