“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
11 October 2012
SP 500 and NDX Futures Daily Charts - Another Dull Day
Stocks showed a little bounce today but not much.
The bulls need to get their footing in order to make this a correction and not a trend change.