The Founder’s Group reversed the long from 3668.75 yesterday to short at 3700.25 this morning with a 5-point buy stop. We will trail the stop if the market moves lower. 

The Failure to take out the 5-day line on the second attempt this morning negated the chance of a buy signal painting as yet. That does not change the fact that the market is still oversold with a lot of attendent fear. A neutral stance is justified in the circumstances as indicated in the first update this monring. 

This will be our last public comment today.