“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
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.