**The following quick post was issued to The Lyons Share members intraday on July 27. As market observers were freaking out about transportation stocks “crashing”, we saw a buying opportunity. FYI, transports are bouncing nicely the past few days after posting low closes of 9120 for the Dow Transports and 164.60 for the IYT.**

July 27: As transportation stocks get bludgeoned today, we Just wanted to send a quick update with what *should* be good support levels in the following transportation related tickers — at least for a bounce, if not more substantial:

Dow Jones Transportation Average: ~9135

iShares Transportation ETF (IYT):  164.00-164.60

_____________

Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.