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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


Friday, November 14, 2008

Hard work and investor insight

"they cling to the rules – or lack of them..."
see: Masters of the Universe
Posted by Charles Longfellow at 11:41 PM 0 comments

Saturday, November 8, 2008

"Perverse Dollar Rally"


Get out now!
see: Schiff
Posted by Charles Longfellow at 3:49 PM 0 comments

Gold


International Herald Tribune
see: when?
Posted by Charles Longfellow at 12:23 PM 0 comments

Wednesday, November 5, 2008

Crisis of Confidence


"more guess work than people realize"
see: Robert Shiller
Posted by Charles Longfellow at 5:43 PM 0 comments

Monday, November 3, 2008

Lost

Jim Rogers
see: covering his shorts
see: part 2
Posted by Charles Longfellow at 5:51 PM 0 comments

Saturday, November 1, 2008

Monk of the Month


Your comments,
tips and prognostications.
 (Click on image to discover parable)
Posted by Charles Longfellow at 11:50 PM 0 comments

Monday, October 27, 2008

Bailout Protest

In case you missed it on the evening news,
(what?)
see: NYC see also: "Gone"
Posted by Charles Longfellow at 4:59 PM 0 comments

Sunday, October 26, 2008

Oil: Crude awakening


"We may even see giant kites pulling ships"
see: Canadian Business Online
Posted by Charles Longfellow at 10:50 AM 0 comments

Wednesday, October 22, 2008

Roubini


see: "Nasty" see: part 2 see: part 3
see also: Panic
Posted by Charles Longfellow at 7:59 PM 0 comments

Inflation? Deflation?


Jim Rogers
see: "I'd rather own commodities"
Posted by Charles Longfellow at 7:32 PM 0 comments

Saturday, October 18, 2008

"We Love our Jobs"


The economy is great!
see: how it sounded in 2006
Posted by Charles Longfellow at 1:24 PM 0 comments

Jim Rogers


Inflationary Holocaust
see: "Let people go bankrupt!"
Posted by Charles Longfellow at 1:07 PM 0 comments
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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