23 February 2012

SP 500 and NDX Futures Daily Charts

"From a time long ago when we sold our vote to no man, we have abdicated our responsibilities. The People who, once upon a time, handed out military command, high civil office, legions — everything, now sits in craven silence, and anxiously hopes for just two things: bread and circuses."

Juvenal, Satire X

Perhaps that would better be translated for the modern mind, smartphones and reality shows.

The level of conversation amongst the touts and the analysts on bubblevision is starting to sound like the nervous reassurances one might have heard whispered in the hallways of the Domus Flavia or in a later age, the Führerbunker.