Jesse Livermore..In Honor Of A Pioneer Message Board

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Non-Tech : Jesse Livermore..In Honor Of A Pioneer

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To: Rex Dwyer who wrote (11)	2/15/1999 10:50:00 PM
From: Rex Dwyer	Read Replies (1) of 42

bucket shop - noun A fraudulent brokerage operation in which orders to buy and sell are accepted but no executions take place. Instead, the operators expect to profit when customers close out their positions at a loss. [From bucket shop, a saloon selling small amounts of liquor in buckets, from its resemblance to the forerunner of such brokerage operations, which dealt in small units of stocks and commodities.] The American Heritage® Dictionary of the English Language, Third Edition copyright © 1992 by Houghton Mifflin Company. Electronic version licensed from InfoSoft International, Inc. All rights reserved.

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