"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


Friday, December 25, 2009

Did someone say "Dis"?

"...the revelations of Climategate may STILL be a further variant of a power elite promotion, but we are discounting that for the time being."
see: Wiki-Ganda
see: The National Post
see: Naomi Klein

1 comment:

Charles Longfellow said...

The monk thinks it would be crafty indeed for an interest group NOT wanting climate change on the agenda, to super-edit Wikipedia, with a bias for preserving views SUPPORTING climate change, and then leak that super-editting effort out to various media, to "dis"able, or at least "dis"credit the supporting view. Is the world really that tricky? Is gold really going to $2,000?

eXTReMe Tracker

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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