"Wisdom builds herself a house,
but Folly tears it down with her own hands.
One whose is upright fears the Lord,
but those whose paths are crooked despise him.
The words of a fool ensure a lash for his back,
but the mouths of the wise keep them safe."
Proverbs 14:1-3
05 September 2008
Charts in the Babson Style for the Week Ending 5 September 2008
The technical damage done to the bear market rally this week was profound. The market is now guilty until proven innocent, and that means a strong sustained rally back up into the formations.
Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.
We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.
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