When an operator buys or sells both a "put" and a "call."

"ON CURB."

The private dealings made outside the Exchanges. A curb-stone broker is

a familiar figure and carries on his business every day in Wall Street.

"INSIDERS."

There are two classes of Wall Street men known as "insiders." One is a

class which is really inside. Officials of Corporations, of banks and

Trust Companies and wealthy financiers who really control the

properties dealt in the Exchanges are really "insiders." They control

the market, but never give out under any circumstances any information,

and in most cases they do not know themselves just what they are going

to do from one day to the next.

The other set of "insiders" are those who only make the "lamb" think

they are on the inside. They never have any money of their own to

speculate with, and they sell their "knowledge" to outsiders for

fraction profits when there are any. They advertise and give out their

pretended information, and have it sent out all over the world, knowing

that every city and town may be depended upon to produce "lambs."

Profitable Stock Exchange Investments · 第 7 / 11 题