It is sound advice.  Anyone who is in enough pain that their investments are negatively impacting their life should sell down to a comfortable level.  It is smarter than to hold everything until your breaking point and then just capitulate at precisely the wrong time.

I don't mind all the folks that whine about how things are -- it's human nature to complain, despite the fact that it does no good and simply creates a negative mindset that impairs investment decisions.  But, I have not seen a single suggestion of what GT or Fung should say to make things better (other than hey we got the permit).  Clearly, GT's past statements that proved inaccurate have cost him credibility.

Moving on, at least we seen to be stabilizing here after the financing, which like it or not was needed and getting money in today's market is tough.  Now we just bump along until the permit.