23 March 2012

SP 500 and NDX Futures Daily Charts - Breaking News, MF Global 'Smoking Gun'



A dull day with only a little excitement as BATS exchange went IPO, and flubbed its own price quotes trading it for pennies, and a major error in APPl to the downside set off circuit breakers.

Other than that a snooze, with the usual uplift into the afternoon close after having been down most of the day.

Have a pleasant weekend.



"...How vainly seek
The selfish for that happiness denied
To aught but virtue! Blind and hardened, they,
Who hope for peace amid the storms of care,
Who covet power they know not how to use,
And sigh for pleasure they refuse to give,--
Madly they frustrate still their own designs;
And, where they hope that quiet to enjoy
Which virtue pictures, bitterness of soul,
Pining regrets, and vain repentances,
Disease, disgust and lassitude pervade
Their valueless and miserable lives...

But hoary-headed selfishness has felt
Its death-blow and is tottering to the grave;
A brighter morn awaits the human day,
When every transfer of earth's natural gifts
Shall be a commerce of good words and works;
When poverty and wealth, the thirst of fame,
The fear of infamy, disease and woe,
War with its million horrors, and fierce hell,
Shall live but in the memory of time,
Who, like a penitent libertine, shall start,
Look back, and shudder at his younger years."

Percy Bysshe Shelley, Queen Mab