I agree with your read of the Market as a whole BUT the catalyst for a market recoverey will be energy consumption,IMHO as the price of Oil escallates so to will Connacher,any positive on Algar and here we have Connachers management assuring us that it is on time and costs are in line,of course the potential for Connacher sinking is there but again for me its the beleif in Peak Oil and all it entails,it is the beleif that all world economies are doing there utmost to exit this economic downturn so for me its stay invested and play the markets as they dictate...