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"THE MARKET... consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Alexander Elder


Saturday, May 30, 2009

Inflation Views


“expectations augmented inflation”
see: The Gold Blog
hear: vpjxh3Gpa7Fg.mp3
Posted by Charles Longfellow at 10:29 AM 0 comments

Monday, May 25, 2009

Dollar Slide = Good News?



see: Correlations
Posted by Charles Longfellow at 3:11 PM 0 comments

Friday, May 22, 2009

Still violating, after all these years...


"indirectly bucketing"
see: Traders Face Serious Jail Time
Posted by Charles Longfellow at 3:45 PM 0 comments

Wednesday, May 20, 2009

Yesterday's Money


Filthy Lucre?
see: Discover
Posted by Charles Longfellow at 5:09 PM 0 comments

Tuesday, May 19, 2009

Which the Wha?


Federal Reserve Accountability
see: Where did the money go?
Posted by Charles Longfellow at 5:54 PM 0 comments

Saturday, May 16, 2009

Guide to Day Trading


see: Rockwell Trading
Posted by Charles Longfellow at 2:56 PM 0 comments

Tempest in the British Teapot


"flabbergasted"
see: expenses under fire
Posted by Charles Longfellow at 10:32 AM 0 comments

Thursday, May 14, 2009

More Downside; More Rallies


"... a very rare event"
see: Deflation
Posted by Charles Longfellow at 2:52 PM 0 comments

Wednesday, May 13, 2009

Crisis in America


Medicare Realities
see: rationing privilege
Posted by Charles Longfellow at 12:39 PM 0 comments

Thursday, May 7, 2009

Out (there) Sourcing



see: Peeling back the Onion
Posted by Charles Longfellow at 5:07 PM 0 comments

Monday, May 4, 2009

Interactive Map


Click on country for stats and links
(up to 20.5% unemployment)
see: EU Forecasts

Thanks to R.W. at News N Economics
Posted by Charles Longfellow at 9:58 PM 0 comments

Saturday, May 2, 2009

Pic of the Month



Posted by Charles Longfellow at 7:10 PM 0 comments

Friday, May 1, 2009

When Pigs did Fly


Selling the cure, (1976)
see: Swine Flu PSAs
see also: Numbers
Posted by Charles Longfellow at 12:38 AM 0 comments

Monk of the Month


Your comments,
tips and prognostications.
 (Click on image to discover parable)
Posted by Charles Longfellow at 12:35 AM 1 comments
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Blog Archive

What is a Bucket Shop?

"Bucket Shop is a specifically defined term under the criminal law of many states in the United States which make it a crime to operate a bucket shop. [2] Typically the criminal law definition refers to an operation in which the customer is sold what is supposed to be a derivative interest in a security or commodity future, but there is no transaction made on any exchange. The transaction goes 'in the bucket' and is never executed. Without an actual underlying transaction, the customer is betting against the bucket shop operator, not participating in the market."
see: Wikipedia

The SEC believes that "internalization" is somehow different, and this affects ALL of your online trading, no matter what you are trading. Trades that are executed outside of the exchange, never reaching the main market, effectively hide data from technical analysis, and skew pricing.
see: Not a bucket?


"... internalization hurts retail customers and market quality"

see: EconPapers

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