July 1, 2008

PLEASE READ

Dear Clients,

Your July statement will reflect the June 26th and 27th drop in the market of about 450 points, but has started a modest up swing.  Had this happened in the middle of the month it would not be as noticeable.

If you want to know the real value of your account please call the office and Carrie or I can give you the value as of that day.

Lesson:
In the realm of the stock market there is always a willing seller and a willing buyer, therefore if a person sells at a cheap price, as now, there are many willing buyers that will buy and hold for future gains.

Sincerely,

Al Locy

AL/cf