This felt like a 'drift higher' day more than anything else.
The VIX fell.
Watch for a possible SP downgrade of Eurozone debt next week.
"You will study the wisdom of the past, for in a wilderness of conflicting counsels, a trail has there been blazed. You will study the life of mankind, for this is the life you must order, and, to order with wisdom, must know. You will study the precepts of justice, for these are the truths that through you shall come to their hour of triumph. Here is the high emprise, the fine endeavor, the splendid possibility of achievement, to which I summon you and bid you welcome." Benjamin Cardozo, 1925