Wednesday, December 19, 2012

Wednesday Evening

Market delivers a late surprise.
We saw a bit of a spittin' contest from D.C. on the FC issue.  Downside volume picked up into the close as traders decided to take some risk off after putting 100 points on the SP-500 since mid November.  Monthly expiry is Friday and we were due for a surprise this week.  Maybe that's what we got.