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.
"Our hearts are continually prone to wander from Him. It is an unspeakable mercy that the Father comes with His chastisement, makes the world round us all dark and unattractive, leads us to feel more deeply our sinfulness, and for a time lose our joy in what was becoming so dangerous. Though He has indeed no pleasure in afflicting us, He will not keep back even the most painful chastisement if He can but guide His beloved child to come home."
Andrew Murray, Abide in Christ, 1895
