"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
19 August 2013
SP 500 and NDX Futures Daily Charts - Lowest Volume August In Ten Years
The trading has been almost entirely technical today with the momentum traders following algos around the track.
I suspect most of the adults are on their summer vacation this week.
FOMC minutes is the highlight of the economic news on Wednesday.