10am update - more tedium

Another day of nothing lined up. Minor opening declines, but why would they last? We have a giant POMO of 4-6bn, and that new money is thrown at the primary dealers by 10am. We could easily be trading in the 1530s later today.


sp'daily5

vix'daily3

Summary

Why would we close lower today? Its a giant POMO day.
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*ohh, and by the way, if you are offered a windows update...maybe hold off for a week or so.

My PC just got trashed by the update package. I've checked around, and it seems a LOT of PCs are being destroyed by this inadequately tested update.  What a great start to the day.
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back later