"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
29 September 2008
SP Weekly Chart Updates - At the Brink
So far this looks like simple blackmail in a controlled descent.
We think there will be a snapback rally if the House votes for the bailout.
The pressure will remain on until the Senate votes on Wednesday.