Subject: File No. S7-14-08
From: Jerry Clunan

November 17, 2008

To whom it may concern:
I sell all types of investmensts to my clients
mutual funds, variable annuities,etc.
I have used EIA's for part of portfolios when suitable.
Sometimes 25%, sometimes more.
They have been excellent in protecting preserving parts of portfolios for many of my clients.
As part of a portfolio when suitable I strongly suggest they can be an excellent strategy for the client.
Thank you.
jc