These charts are incredibly bearish, and were it not for the bailout being cooked up by the Federals we would be looking to get short and stay short until we burn a thousand points to the downside at least.
However, that is not the case. It does look like the government 'will do something' and this may have a powerful short term impact on the markets.
We want to be ready and capable of taking advantage of a volatile situation.
"Quite a lot of what passes itself off as dialogue about our society consists of people trying to justify their own choices. Let me propose that if your beliefs or convictions matter more to you than people—if they require you to act as though you were a worse person than you are—you may have lost perspective."
Timothy Kreider, We Learn Nothing, 2012
