I usually avoid numbers and still will but with the venture having lost over 50% of its peak value and within 100 point of its 5 year low, I will say ... the venture as hit bottom or essentially has. The haircut is over .... hair can take a while to grow back, and for those who have gone bald ... it will never come back, but for those with good healthy heads of hair ... brighter days are ahead. It may be a little longer since I do not believe we have reached the bottom on the senior exchanges.

Of course a complete collapse of the system could cause further retreats here ... but IMO every trick in the book will continue to be used to avoid that and it is not even in the manipulators interest to cause that.

Orgy