"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless."
Francis I, 16 May 2013
04 March 2013
SP 500 and NDX Futures Daily Charts - Complacency Returns
Today was a QE bet, risk on, as the market shook off any fears of Europe.
But this is an obsessive-compulsive rally, and the trends go with the winds, which are highly variable.