"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535
01 August 2012
SP 500 and NDX Futures Daily Charts - Broad Swings As Fed Does What We Expected
Bernanke's Fed did nothing today, and the markets sold off a bit although the markets had wide intraday swings.
Tomorrow we may see something from Mr. Draghi in Europe, and the Non-Farm Payrolls on Friday.