Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Tuesday, August 30, 2011
Price Of Intrade's Higgs Boson 2012 Discovery Contract Drops 53 Percent
Posted By Milton Recht
The price of an Intrade contract for the discovery of the Higgs Boson particle before December 31, 2012 dropped from 6.00 to 2.80, a 53 percent decline in price. The market is saying there is just a 28 percent chance that a Higgs Boson will be discovered before the end of the 2012 year.
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