19 April 2011

SP 500 and NDX Futures Daily Charts - Saving Private Greed

Any wonder that the United States of Amnesia would slough off any concerns about its sovereign debt this quickly?

Intel beat after the bell, and IBM posted good numbers, so all is well.

I went fairly flat into the evening, having lost most of my short index positions last night, and shed the rest of them this morning.

I lightened up considerably on metals into the close.