Danger is near

There is nothing but air supporting the market if we drop out of the rally channel around the 3300 level.  JP Morgan is warning you ...

The Federal Reserve will announce an equity stabilization facility -- authorizing purchases of index ETFs such as $SPY and $QQQ -- at the December meeting.

lyrics by Killing Joke

Overcast the branches bare The autumn leaves have fallen I can hear the magpies laugh I can't shake this melancholy And then the cloud breaks A ray of sunlight gloria As if a promise Some strange kind of euphoria Dark phantoms of the past Some things are best forgotten Like Orpheus don't look back The best years are waiting for you And then the cloud breaks A ray of sunlight gloria As if a promise Some strange kind of euphoria And then the cloud breaks A ray of sunlight gloria As if a promise Some strange kind of euphoria Euphoria euphoria euphoria