"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994
21 January 2011
SP 500 and NDX March Futures Daily Charts
Weakening momentum and light volumes.
Any event will likely do it, even if Benny throws his best slop at it.
But if volumes remain light and the markets detached from reality, they can drift on monetization.