today's trades, page-24

That is a great story edutain1 liked it very much. Helps us understand where you are coming from. I was right we are lucky to have your questioning mind and experience in here thank you.

What you had to say on a slightly shorter time frame (mid not as long) - this is why I still have some cash in my Funds and personally - you are dead right and when the big fall comes you will be all smiles. I don't think the big one is here just now (what a brave contrarian) now and have just completed another file showing why. Based on technicals and fundamentals - no Fib LOL. Am still carefully layering in trades still in favorite stocks for this next run. Will move to cash as we hit toppy levels again.

But all credit edutain1 you also have the guts to ask the hard questions whether they make you popular or not - well done some of my best associates and clients are just like you. I learn from them at times and two heads are always better than one.

As reported yesterday I have prepared an extensive report (16 pages) on CRE and the FML takeover for clients and it ends with an open letter (restricted at this stage) to Don Taig. To his credit he even answered me briefly in the middle of handling take over documentation telling me he will get to my questions ASAP.

The questions were the hard ones and I think the right ones and have verified this with highly experienced investors like yourself. A FML representative tells me they liked the report very much and will utilize it to address the concerns of the market. Not sure I told them anything new however it represents 'US' the shareholders and the market from a different perspective for Don.

I am not being negative here just digging as always and there will be commercial in confidence issues, and timing and all that but it was an honest attempt to show Don and Campbell what the concerns of the market are.

Take care and don't panic - ever.
Regards,
CW
DYOR