Hello everyone,

The quarterly edition of Dollars and Sense is posted on the website under ADVISORS > REJONES > NEWSLETTERS. You can access the website be clicking on the link above. Reports are going out today and tomorrow with performance numbers and summary statements for you're individual accounts.

Regarding the big move in the markets today. Don't get too excited just yet. At this point we are looking at a single up day in a well defined downtrend. Could this be an intermediate term low? Certainly. Could the markets still be on their way to retest the April lows? Probably. Anyone who suggests that a bottom is in because of today's move is guessing and looking for a sensational headline. It is simply too soon to tell. So we wait and watch for more signs. That's it for this week, I will resume the weekly update next Thursday evening. A new chart-o-the-week is posted and the Sector watch has also been updated. Thank you for another great quarter. We appreciate your continued trust and confidence. Sam Jones