"You have accepted things you would not have accepted five years ago, a year ago, things that your father, even in Germany, could not have imagined. Suddenly it all comes to be, all at once. You see what you are, what you have done, or more accurately what you haven’t done. For that was all that was required of most of us: that we do nothing. You remember everything now, and your heart breaks. Too late. You are compromised beyond repair." Milton Mayer, They Thought They Were Free
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.