Trading at a fraction of a penny

• existing home sales plunged 16% M/M; however prices stabilized, of which first-time buyers (urged on my housing stimulus) were a major factor; muted reception
• FOMC meets Tuesday (1st of 2 day meeting - announcement Wed 2:15); 8 times a year. It would be insane to see a rate hike until QE is completed
• Greek issued 11bn of debt at 6.2%; CDS at 329bps. Good idea for the buy and hold investor
• Obama's crackdown on banks is simply a buying opportunity
• Exchanges looking to quote in 1/10 of a cent in order to compete with dark pools