Thanks for that juqu. It seems that you are right about short...

Thanks for that juqu. It seems that you are right about short term pain given the further drop this morning. However, I agree with you also about the long term and am confident enough to have taken on more shares at the current bargain rates. The last time I looked Sally Malay hadn't issued any mortgages into the US sub-prime market and I am unaware that their in-ground resources have mysteriously evaporated. When sanity returns to the marketplace we will hopefully see a return to sensible prices.