"'I beg you, father, send Lazarus to my family, for I have five brothers. Let him warn them, so that they will not also come to this place of torment.’ Abraham replied, ‘They have Moses and the Prophets; let them listen to them.’ No, father Abraham,’ the rich man said, ‘but if someone from the dead appears to them, they will repent.’ And Abraham said, ‘If they do not listen to Moses and the Prophets, they will not change and repent, even if someone were to rise from the dead.’”
Luke 16:27-31
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.