But in this particular case, and in about 6 or 7 times in the last 10 years, the Junior Market as measured by the TSX Venture Index really gets clobbered and this time is no different. During those times certain companies who are really past the point of failure, where its only a question of how big they are going to be, they get thrown out with the others. They get marked down almost as much, sometimes more percentage wise even though they are going to be one of the survivors. "Those are the situations that make for opportunity, and one thing I can say clearly here, rather than give any individual names, is to say that you are pretty well safe and secure now", Peter doesn't think there is much more downside risk, that the index doesn't have much more than 5-10% downside. He thinks when this index bounces and gets traction in the 1-2nd Quarter of next year we could look at a 50% or more rally in the index. "So its pretty much secure that if you haven't sold by now other than for tax loss purposes, there is nothing to be gained because the loses are mostly washed out".