Hi Notie Girl

Your right about the financial markets (I mean banking sector) being hit today. Look at the deal JP Morgan has made for Bear Stearns. TWO DOLLARS A SHARE!!! This is not good for the banking sector and will weigh on the market as a whole. Bear Stearns is alreaday down from 30.00 Friday to 4.50 in premarket trading (yes that is about 85% drop in SP). And heres what really makes you quiver. They just put out a report that their stock was full value at 80.00, while the price was near 30.00. That was only last week.

No one can tell me that the banking sector is the place to be right now. Your where you need to be right here...hold and breathe deep. This is a rollercoaster ride and we're at one of the small peaks and may be heading to another valley before pulling up to the next higher peak. No fault of NOT, just the markets around it having their effect.

Be sure of one thing...this stock has the valuation built into it already for a downturn. It really depends on who is weak and can't stand the heat now. If we're all strong and hold our shares nothing bad will be happening. If the retail investors get scared by the overall market trends (mostly US I might add, which do affect us of course in Canada) then be sure the price will drop, but only temporarily. And you know what that means...BUYING SPREEEEEEEEEEEEE!!!!!!

Good luck everyone and God Bless :)

MM