Sinbad..

You are not alone..The Canadian economy is tied to the US economy and while our banking system is much different from yours and all our financial institutions did not get hit with the sub prime mess a couple of our big banks did and paid the price ,big time..But unlike the US government bailout using Tax payers money,the individual investors in those Canadian banks took the hit them selves..I am invested in Canadian banks and insurance companies and neither was hit so I was very fortunate and BS luckey..And my profits in those stocks are fat and happy...

So Those are my last ,my ace in the hole to cash in ,If this market lasts over two years,other wise I'm ok living off my existing profits ...

But believe me I am down on paper ,big time..

I'm down farther this morning and I'm a hundred grand lower than any time I have been going back to December of .'06...

(That is as far back as I checked..on my daily portfolio records..)

We have no way of knowing how the financial institutions use their(Our,the investors) money until it is away too late..

While I have enough cash for the time being,I am looking forward to this market turning around..The buying that I have been doing on these depressed stocks should start to pay off as soon as the market turns up..That includes KXL..

But ALL stocks are down..and KXL is holding up much better than 85% of the stocks ,including financials..

So if anyone is sitting there bighting their nails...don't sell anything..unless it is to eat..This market will turn back up...It is too late to sell for any other reason..

Hang on ..suck back..and have a few cool ones ....

WE are in great company..

Each other..

PORTEE..