As a reminder, tomorrow is a 'quad witching' day for equities in the US.
Next week there is a two day FOMC meeting, and the Comex will have an option expiration.
Volumes were light on the NYSE today with under a billion shares traded.
I found this story on the $2 Billion trading loss at UBS to be interesting. I was going to write something in this vein, but he says it quite well. Rogue Trader My Ass - Matt Taibbi
The Banks must be restrained...
