“I know there is a God — I see the storm coming and I see His hand in it — If He has a place for me then I am ready.”
John F. Kennedy, scrawled on a prayer breakfast program, NYT, May 15, 1964
13 May 2011
SP 500 and NDX Futures Daily Charts
Major US equities are very obviously coiling for a move. Which direction they will break cannot be determined yet. But the longer they coil, the stronger the subsequent move will be.
No doubt it has to do with the Fed's plans for liquidity.
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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