"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior. For many, this has been a bargain worth making, even if it has cost them—as it may have cost Seneca—their immortal soul. The Rome he has been trained to serve, the Rome of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm
23 October 2012
SP 500 and NDX Futures Daily Charts - Winner Steal All Economics
Stocks took a bit of a dive today. That must mean that Obama did well in the debates last night.
FOMC tomorrow at 2:15.
Perhaps the wiseguys were just freeing up some cash to front run the Fed for the Treasury auctions this week.