Subject: File No. S7-08-09
From: William R Heath

June 16, 2009

Over the last several years, we have been investing our retirement funds into balanced long-short positions in order to hedge against market volatility. This carefully thought out approach has served us well during these turbulent times. It would be inappropriate for the SEC to hinder our ability to continue to effectively implement this responsible, conservative strategy in favor of supporting the less thought out and much riskier strategy of those who seem to feel entitled to unending bull markets and endless profits without doing any more research than just throwing their money into the stock market.

Bill Heath