So, next issue is on September 10th, and transactions are to be done on Sept 9th, if any. So far the ELP model has almost avoided the losses of the summer 2011 sell off. We’ve started August with a small exposure to risky assets and an emphasis on quality U.S. companies in the equity portion. It will be interesting to see what the models are calling for in September, a historically least profitable month of the year, which opens a historically most volatile season based on the S&P500 data. Shall we dump all equities? Are the U.S. treasuries providing protection?