It seems to me that there is a growing feeling of optimism out there now. The fed is about to lower rates,Bush is putting together a bailout for mortgage holders , oil has backed off and tax selling season is almost over.

I feel a rally coming on, with higher gold prices and higher stock prices for good gold companies.This is a time to be very careful with your kxl shares. It will become very tempting to sell at what may appear to be a high price. The sp will appear high only because we watch it too closely. I mean really, many people are watching the sp not weekly or daily ,but hourly!

I believe that it is difficult to time every move with kxl. Selling the highs and buying the dips can work only if you keep getting it right or being repeatedly lucky. However the first time you get it wrong may prove to be very costly.

Ultimately everyone has to do it their own way and learn sometimes the hard way. For me ,I have missed the boat before by trying to be too cute. I believe that 6 months from now and 12 months from now kxl will be much higher and I intend to be there with all my shares intact. Good luck to all and a Merry Xmas! Rico