"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior. For many, this has been a bargain worth making, even if it has cost them—as it may have cost Seneca—their immortal soul. The Rome he has been trained to serve, the Rome of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm
06 June 2011
SP 500 and NDX Futures Daily Charts
Another bad day for bully as stocks just could not hold any traction from the open.
We are approaching critical support levels for stocks. Much lower and we might begin a much more serious intermediate downtrend.