Google Reader now lets you jot down a note about any feed item that youve just read, before you share it with your acquaintances and friends (so they can sense how you feel about the news of the day). So, now, we know what Googles Bo Cowgill thinks of the CFTC announcement: ITS COOL.

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Bo Cowgill

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Here&#8217-s the Google Reader announcement about this new functionality. (My thought: it&#8217-s &#8220-cool&#8221-. :-D )

Robert Scoble thinks it&#8217-s lame.

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– To share items with me (Chris Masse) within Google Reader, go to GMail, and under &#8220-Chat&#8221- (on the left pane), click on &#8220-Add Contact&#8221-. Paste my e-mail address there (chrisfmasse +++at&#8212- gmail +dot&#8212- com). Once I receive your invite, I&#8217-ll accept it. You will then see my shared items and I&#8217-ll see yours within Google Reader.

– Advanced tips on how to share items with friends within Google Reader

– Chris Masse&#8217-s Starred Items at Google Reader &#8212- Many things there.

– Chris Masse&#8217-s Shared Items at Google Reader &#8212- Only the most important things.

More info about site feeds and feed readers.

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And, remember:

  1. Life is &#8220-cool&#8221-.
  2. Parachute jumping is &#8220-cool&#8221-.
  3. Prediction markets are &#8220-cool&#8221-.
  4. Google is &#8220-cool&#8221-.
  5. Google Reader is &#8220-cool&#8221-.
  6. Midas Oracle is &#8220-cool&#8221-.
  7. God is &#8220-cool&#8221-.
  8. Robin Hanson is &#8220-cool&#8221-, too. :-D
  9. Let&#8217-s all be &#8220-cool&#8221-.

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Problem with WordPress

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Sometimes, when one would save a draft, one would be forcefully taken to the &#8220-post preview&#8221- page (even though the &#8220-Preview this Post&#8221- button was never pushed) &#8212-leading the newbies to think that their post has been published against their will (like what they would do in a totalitarian state). Confusion and mayhem follow. Please, WordPress people, do correct this bug. Thanks.

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Previous blog posts by Chris F. Masse:

  • A second look at HedgeStreet’s comment to the CFTC about “event markets”
  • Since YooPick opened their door, Midas Oracle has been getting, daily, 2 or 3 dozens referrals from FaceBook.
  • US presidential hopeful John McCain hates the Midas Oracle bloggers.
  • If you have tried to contact Chris Masse thru the Midas Oracle Contact Form, I’m terribly sorry to inform you that your message was not delivered to the recipient.
  • THE CFTC’s SECRET AGENDA —UNVEILED.
  • “Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”
  • Meet professor Thomas W. Malone (on the right), from the MIT’s Center for Collective Intelligence.

Third Workshop on Prediction Markets, July 9 in Chicago

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Please join us at the Third Workshop on Prediction Markets, in Chicago on the afternoon of July 9, 2008. We plan academic talks, an industry panel, and open discussion. Participation is open to anyone, and we hope to be as flexible as possible in allocating speaking time. See the workshop website or the full Call for Contributions and Participation for details.

eLab eXchange Launches Web of Misery

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The eLab eXchange has just opened &#8220-The Web of Misery,&#8221- a competitive forecasting tournament hosted by Newsfutures, with 10 markets that reflect new online indicators of economic distress. Come and give it your best shot – forecast just how bad you think the economy is going to get in the next few months! One of the markets is reproduced above.

During periods of economic hardship, conventional wisdom suggests that some people tend to increase their level of certain behaviors, for example, they may &#8220-cling to guns or religion,&#8221- or perhaps turn to alcohol or gambling in an attempt to relieve any pressures they may be feeling about a &#8220-rough patch.&#8221- Additionally, the skyrocketing costs of food, health care and gas, not to mention the real estate downturn, suggest that, in general, many consumers will become more careful about how they spend their hard-earned dollars.

The Web of Misery captures 10 of these behaviors and let&#8217-s consumers forecast their impact. You can try your hand at judging the impact of the economic slowdown at eLab eXchange today!

Previous blog posts by Donna Hoffman:

  • The eLab eXchange Has Some Fun With Online Shopping This Holiday Season.
  • The Consumer Behavior of Prediction Markets

Pikum is a new kind of betting game that can be played for bragging rights. In each Pikum, you compete with other players to see who can best predict the results of sports or other events. Pikums can be created by anyone, and easily shared online with friends.

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Pikum is a betting game created and played between people online. Players compete to see who can best predict the results of sports and other events. The person or people with the best overall predictions win. Pikum can be played for fun, or money.

SPECIAL ACCESS FOR THE MIDAS ORACLE READERS, HERE.

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Previous blog posts by Chris F. Masse:

  • The FaceBook profiles of the 2 most important men of the field of prediction markets
  • THE HUMAN GADFLY WHOSE OBJECTIONS ROBIN HANSON IS DUCKING…???…
  • Google now considers Midas Oracle as a major blog.
  • Horizon 2015: A long-term strategic perspective for the real-money prediction markets
  • Join our group at LinkedIn to have your “Prediction Markets” badge on your profile. It’s ‘chic’. (“Groups” info should be set as “visible”, in your profile options.) We are 63 this early Saturday morning —keeps growing.
  • If you have been using PayPal to fund your InTrade, TradeSports or BetFair account, please, check that horror story.
  • 48 hours after the launch of the “Prediction Markets” group at LinkedIn, we have already 52 members —both prediction market luminaries and simple people (trading the event derivatives or collecting the market-generated probabilities).

How VC blogger Paul Kedrosky pumped up HedgeStreet to his gullible readers in 2006, and later failed to update them with the hard fact of its (de facto) bankruptcy. Why telling the truth to readers when its easier to tell them fairy tales?

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Paul Kedrosky was all excited, in April 2006, to tell his gullible readers that HedgeStreet received another round of funding &#8212-adding all up to $24.9 million.

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And just 18 months after Paul Kedrosky&#8217-s pronouncement, HedgeStreet (v1) ate the bullet and bellied up.

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And, of course, Paul Kedrosky has never mentioned to his readers the hard fact that those $24.9 million went up in flames &#8212-creating nothing else than hot air.

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Why bothering with reporting the truth? Let&#8217-s tell blog readers some fairy tales, instead. They swallow.

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Hey, mister the pragmatist, how come you never informed the readers of your (otherwise, very smart) blog that CFTC-regulated HedgeStreet bellied after 3 years, burning in vain $24.9 million?

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Wouldn&#8217-t that hard fact (the $24.9 million that disappeared in flames) be worthy of being cited, for the sake of &#8220-pragmatism&#8221-, on a blog written up by a &#8220-pragmatist&#8221-?

So, my good doctor, when is it that you&#8217-re going to tell the truth to your readers?

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UPDATE: See his comment, just below&#8230-

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When Chris Masse (with typo) pinches Henry Blodgets nose

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Previous blog posts by Chris F. Masse:

  • We could use a US Gambling And Betting Commission, but the best would be to have prediction exchanges (modeled after BetFair) that alert the sports bodies about any suspicions.
  • Did Patri Friedman misread BetFair?
  • BetFair makes the frontpage of the New York Times –as the White Knight of sports. — Note that the term “prediction markets” is never pronounced. — TradeSports is not mentioned, but the last paragraph of the article suggests that all Internet sports betting should be legal and regulated.
  • In the prediction market timeline, it’s 00:05 am. The most interesting developments of the field of prediction markets are yet to come. Join the Midas Oracle Project.
  • How Midas Oracle got started off…
  • Google Search thinks that Midas Oracle has more value than the New York Times and Freakonomics when the topic is Google’s enterprise prediction markets. How do you like that, Bo? It’s “cool”, no?
  • Using Prediction Markets to Track Information Flows: Evidence from Google — VIDEO — Bo Cowgill on Google’s enterprise prediction markets — O’Reilly Money:Tech

Who is behind the CFTCs request?

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People close to the CFTC say that one reason this is coming now is that the Chairman (who will be retiring soon) wants a legacy &#8212-something he leaves behind that is innovative and that he can be known for pioneering. If that&#8217-s the case, it means that nobody is pressuring them.

Signed: Deep Throat

&#8230- in response to that.