ineffabelle: (sab cat)
[personal profile] ineffabelle
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from the comments:
"Let's express the question in statistical terms: if I flip a coin 63 times, and it comes up heads 63 times in a row, what are the odds of it coming up heads again on the next toss? Well-schooled non-traders will say that the odds remain 50-50, regardless of previous outcomes. Traders will realize that if a coin comes up heads 63 times in a row, the next toss will be heads also, for the simple reason that the coin is dishonest and the game is rigged."

(no subject)

Date: 2010-05-12 03:42 am (UTC)
From: [identity profile] amp23.livejournal.com
or it means you're travelling with Guildenstern and Rosencrantz, and the coin is the least of your worries ;)

(no subject)

Date: 2010-05-12 03:32 pm (UTC)
sylvanfae: (Avatar)
From: [personal profile] sylvanfae
I'm not a trader and I immediately thought "rigged!"

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