Since no one is saying anything...I'll jump in:)

First off, what I don't get about the deal not going through (eventually I believe it will) is that it was backed and proposed by the Bush administration...basically a republican bill...yet most democrats voted for and a huge majority of republicans voted against.

The problem is that most Americans don't realize what this bill would have done for them. Many of them believe that this is just another $10,000 bill per household...yet passing it would have saved them a lot more via mortgages and not to mention that this would have made them money in the long run.

Whoever is buying around these levels is doing well. Sure we may experience more volatily coming up, but nothing, absolutely nothing has changed with the company. The TLM and FST flow rates haven't spontaneously changed, we haven't stopped drilling and the gas in place hasn't magically disappeared into the heavens. Fundementals are in place more than ever...and since April 1st, we have gotten nothing but great news and we're headed on the right track. In a good economic enviornment, we'd be well above $3...I mean remember the PP was at $4.70 (they didn't buy that to sell lower and they for sure has the expectations to sell higher!). Targets have been at $8.25, $6+, and as high as $10 on some sites and plus we've talked about what the SP could be.

The economics are in our favor, especially with winter coming up and gas prices surely to go up...unless people would rather just sit and freeze in there homes. People are just scared, and I could see if we needed a $10 gas price that it would be harder, but because we only need about a $3.50 gas price (and I could never see it hit that), then we are in good shape and moving forward. Panic selling, hedge funds unloading etc etc, and most importantly no buyers because people are on edge=drop in prices.

Encana at $64, TLM at $13.88....unbelievable!! Most people know that these are a steal, but smart investors realize the fear and panic selling so they just sit back and let investors dump into bids and so they know that they can pick these stocks up even cheaper...so that's why we're not seeing a rush to buy up all these companies at discounts. Anywho, I am not trying whatsoever to say buy or don't buy, but it's easy to lose your cool in these markets, but if you step back and look with a clear mind, you get a better picture at it.

And $1.80 there was a huge block of bids, 60K shares, and it got taken out with people dumping, and I do see some manipulation and trying to really use today to scare people out.

Thoughts?

Rocco