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November 7, 2016 | Trump’s No Long-Shot, But Get Odds If You Bet on Him

Rick Ackerman

Rick Ackerman is the editor of Rick’s Picks, an online service geared to traders of stocks, options, index futures and commodities. His detailed trading strategies have appeared since the early 1990s in Black Box Forecasts, a newsletter he founded that originally was geared to professional option traders. Barron’s once labeled him an “intrepid trader” in a headline that alluded to his key role in solving a notorious pill-tampering case. He received a $200,000 reward when a conviction resulted, and the story was retold on TV’s FBI: The Untold Story. His professional background includes 12 years as a market maker in the pits of the Pacific Coast Exchange, three as an investigator with renowned San Francisco private eye Hal Lipset, seven as a reporter and newspaper editor, three as a columnist for the Sunday San Francisco Examiner, and two decades as a contributor to publications ranging from Barron’s to The Antiquarian Bookman to Fleet Street Letter and Utne Reader.

I’ve believed for some time that Trump would win, if for no other reason than that most Americans despise the news media that has conspired so brazenly to sink him even more than they do politicians. Nothing would rebuke the scumbags who serve up the “news” quite as powerfully and lastingly as a Trump victory. But this would require a sensational turnout of voters who presumably have been seething in their livings rooms, undiscovered by pollsters who are as slipshod and sleazy as journalists. A Trump victory would be no shock to me, but I’d still need five-to-one odds to bet on it.  The potentially satisfying alternative is that Hillary will get what she has always wished for — up the old wazoo.

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November 7th, 2016

Posted In: Rick's Picks

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