Oh Monday morning, you gave me no warning of what was to be… It started so nice at the open, at the highs of the day, but it was all downhill after that. The indexes closed back at breakeven…or thereabouts!
Looks like all the market moving news will be coming from Asia or Europe…until Friday…when Ben Bernanke will give a speech from Ass Jackson Hole, Wyoming. Traders are expecting another QE launch, like last year. So we sit and wait.
Wow, gold $1900! Does it feel toppy yet? GS Blankfein hires a high-powered defense attorney…uh oh! Did you see GS dive near the end of day? Seems like all that matters is news and rumors. 
“Obama said the housing market may not pick up again for another year or longer. On the bright side, President Obama now has nine people interested in his house.” — Conan O’Brien
Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....
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