"Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy."
Louis Brandeis, Olmstead v. United States, 1928
10 August 2012
SP 500 and NDX Futures Daily Charts - Lowest Weekly Volume Since 1995
Quiet trading is an understatement.
This is the quietest week for trading on the NYSE since 1995.
The market action is largely meaningless until volume returns. The markets will be event-driven.