Good stuff Cedar,

You are probably right about holding KXL. We've all taken a pretty good beating lately, but brighter days are ahead. Perhaps even before year's end.

If we look beyond KXL we can find many good companies that have had big declines. But there is no need to panic.

The market speaks loudly and occasionally with a degree of harshness. When we look at all the various market stressors in the past year or so, they all had a contribution that lead to this recent correction.

Some readers may be skeptical of the market correction theory, but look at the 52 week charts for EVERYTHING. Be it sectors, commodity groups or individual companies. Many had a "hockey stick" curve in their chart. I think it was Brian Acker who said that he does not like seeing those hockey sticks because there will be an eventual correction.

BOTTOM LINE(S):

• Many of us made $$$$ in 2007 and early 2008.
• Many of us are savvy enough to know that stocks purchased NOW will appreciate and make us some $$$$ in 2009.
• KXL is drilling lotsa holes - still another 100 or so to report on, plus greater depths!
• Risk and Opportunity. That is what investing in exploration companies is all about. So drink lots of Pepto, tighten your seatbelt and enjoy the ride!

That is the world according to some NFL lovin', gotta go to work on a Sunday afternoon, KXL investing putz.

Go Steelers. Go KXL.

Take care folks and see you in 2 weeks.

KG

p.s. x2

I put in an order for 1000 more KXL and Old man Favre just threw a beauty of a TD.