Equity Market Comment

The stock market appears to have begun the process of testing the lows established in mid August.

While some of the models have yet to give sell signals, there seems to be enough evidence that we are entering into a short term decline.

The model continues to call for Sept 5Th as the date for the low to occur. So from here to now it would be prudent to get all our hedges covered as the market declines and to begin a process to add to existing quality equity positions.

I will be positing my buy candidates in the next few days.