“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
09 November 2012
SP 500 and NDX Futures Daily Charts
A pause in the action, or the decline if you prefer, with a bit of a trading range.
Next week is stock option expiration I believe. Monday is Veteran's Day in the US. Markets are open.