Sunday, July 22, 2012
Bone market report
6:05 AM | 
Posted by
Bruny Hudson |
By Hobo Hudson
As my investors know, my hedge fund has been making kibbles paw over paw by swapping bones for little pieces of paper and then shortly swapping the paper back for bones. As a result of all the favorable reports swirling around the Internet, investors have been clamoring for me to allow them to deposit their bones with me, and our little hedge fund has grown large enough to become a market mover in its own right.
Consequently, it has become more difficult for me to operate since my order for a million little pieces of paper drives the price up, and when I’m ready to swap back, my order to sell a million pieces of paper drives the price down. Dad says this is a normal economic phenomenon called “supply and demand.” When more investors want to buy, the price goes up, and when more investors want to sell, the price goes down.
I’m beginning to venture into the futures market and finally decided the time was right to test the market with a small personal investment. I’ve been seeing gasoline prices going up and up, so I put a 5-gallon can into my little red wagon and tugged it down to our local gasoline station and filled it up, thinking that when the price got higher, I could sell it to Dad for a nice profit.
My opportunity came this morning when we woke to no electricity and Dad hauled out his generator only to discover that he had no gasoline and our local station had no power and couldn’t pump any gasoline for him. I quickly doubled what I had paid for my gasoline and offered to sell it to Dad for that amount.
Dad screamed, “Hobo, that’s highway robbery! You’re trying to scalp me.”
“No, Dad,” I replied. “It’s simply a matter of supply and demand. I’ve got the supply, so I can demand whatever price I want.”
That didn’t go over too well with Dad. He grabbed me by my collar and snarled, “That’s not the way things work in this household. You’ve got the supply, and I’m demanding it. I need it for generating electricity to brew my coffee, and I need it now. Do you get the picture?”
“Yes, Dad,” I yelped, rasping and shaking my neck loose from Dad’s grip. “I understand now that you’ve explained it to me. You can have the gasoline free.”
I guess I’m going to lose kibbles on this deal, so I’ll be staying out of the futures market from now on.
Subscribe to:
Post Comments (Atom)
Books
About Hobo
0 comments:
Post a Comment