Frothing Futures Update – Making Money Off of Pessimists

As we check in on Frothing Developer’s big bet on Las Vegas in the Housing Futures Markets, Frothing Developer is still trying to buy more November 2012 contracts in the 130’s. For some reason, the sellers seem to be drying up. The current ask is again at 155. Frothing Developer has made, at 155, let’s see….$37,400.

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To read the sage of Frothing Developer’s commodity bets on Las Vegas, start here, then go here and here.

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