“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny
17 October 2012
SP 500 and NDX Futures Daily Charts - Plus C'est La Même Chose
The bounce continued in the SP 500, and has risen to big resistance in the 1460 area.
Big tech in the NDX floundered its non-confirmation at least for the day.