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As noted in one of my previous post, Macau‘s gambling revenue for December is up 66% on year. Just how long can this gaming industry continue to grow in Macau?

Already there are signs that the Macau government is trying to shift the economy dependence away from the gambling industry. The recent applications by both Sands China and SJM Holdings to developed 2 sites for gaming is rejected.

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PROTEONOMIX, INC. (OTC.BB:PROT), a biotechnology company focused on developing therapeutics based upon human cells and their derivatives, reports further developments with its Joint Venture Company, XGEN Medical LLC (”XGen”) towards implementing operations in the United Arab Emirates (U.A.E.).

Proteonomix, Inc. (OTC.BB:PROT), a biotechnology company focused on developing therapeutics based upon human cells and their derivatives, announced further developments with its Joint Venture Company, XGEN Medical LLC (”XGen”) towards implementing operations in the United Arab Emirates (U.A.E.).

The Gambler's Fallacy

Posted by norman rockefeller on March 17th, 2010

It's more of a mathematical curiosity than anything else, but check out the odds of 14 successive up-days below, the record for which looks to get set by the SPY today. If that's not a pot of leprechaun gold for the bulls on this St. Pat's day, I don't know what is!

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