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Desperate Measures


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Blame China

 

It's not enough for Greenspan to think that he can command the US economy,

he now thinks he know what's best for China.

 

The arrogance is breathtaking.

And the end of the fight is a tombstone white,

with the name of the late deceased.

And epitaph drear: "A fool lies here who

tried to hustle the East."

 

--- Rudyard Kipling

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Put-call ratio 1.03. Maybe pessimistic enough for a pop.

Being that tomorrow is OPEX, fading the PCR today may be a good move regardless of the potential for a pop.

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surprised that Dow was only down 30, with the IBM selloff. Well I guess UTX and CAT having a good day...

 

now Nasdaq catching up (down) with SP & Dow.

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