"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994
09 May 2014
SP 500 and NDX Futures Daily Charts - Complacency Abounding
We saw some reversing of the momentum stocks as the wiseguys continue to push the Fed's liquidity around the plate, trolling for buys and stops.