Hi Clive and Charlie, Re: Markets, etc................. I'm reading an interesting book right now called The Black Swan: The Impact of the Highly Improbable <a href="http://www.amazon.com/Black-Swan-Impact-Highly-Improbable/dp/1400063515/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1230816694&sr=8-1" target="_blank">http://www.amazon.com/Black-Swan-Impact-Highly-Improbable/dp/1400063515/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1230816694&sr=8-1</a> This tome seems to lead me to the thought that the AIM "insurance policy" of normally holding cash is a wise one. It spells out the futility of prediction models. Interesting stuff. Best regards, Tom