"They defended him, verbally and physically, every time he committed one of his criminal acts. They went blithely on past the suffering of all the bombing victims, the prisoners in the concentration camps, and the religious persecutors, because a different regime would have meant the end of their power. 'You made this monster, and as long as things were going well you gave him whatever he wanted. You turned Germany over to this arch-criminal.'”
Friedrich Reck-Malleczewen, 1947
09 December 2011
SP 500 and NDX Futures Daily Charts
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.