There has been nothing of significance to take us out of this trading range. After the dust settled, we ended up with no more than double digit changes in the indexes from last week. The volume has been extraordinarily low even for this time of year. We are heading into September which has historically been the worst month of the year for the stock market. Our feeling at RobinHood is that we need to at least test the July lows before we head higher for a meaningful bullish move. There are a couple of seasonal trends that we are keeping in mind as we move into the end of the 3^rd quarter and beginning of the 4^th quarter. The election year cycle and the traditional end of the year holiday retail rally which are both historically bullish. It would be nice to shake off the cobwebs in September and bounce into the remainder of the year with a little run to the upside. However, until we clear up the housing crisis, for the longer term I see a bit of a struggle to maintain any bullish sentiment. By the way, who is Sarah Palin?? John McCain must know something the rest of us don’t know. She seems like a free spirit and an independent thinker, which I like, but where is the experience. McCain has had some health issues and the Vice Presidency is a heartbeat away from the highest office in the land. That’s a little scary! I bet we don’t see a lot more GOP ads about Obama’s lack of experience. You don’t suppose that McCain is trying to capture some of Hillary’s people. Oh well, I only need to worry about the “Merry Band of Traders” and Sherwood Forest. BTW, let’s keep Sherwood Green and work on Alternative Fuels. That’s enough! I’m gone. Robin

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