26 September 2012

SP 500 and NDX Futures Daily Charts - Slouching In To Quarter Close



A quiet day all things considered, with more housecleaning going on in the fundish portfolios as the markets lumber on into the quarter end close.

Let's see if the selling does dry up now, and the paint sprayers switch on and begin to hit the tape.

If 'something happens' all bets are off of course. This is a flimsy market to say the least, about as cynical as it gets.