Subject: File No. S7-08-09
From: Edward M. Blackburn

June 25, 2009

The stock market is now so short at Dow 8500, that with that kind of financial commitment, somethings gotta give. You may wonder how it is possible to determine the short positions exactly, well, seeing that we do not know what exactly Hedge funds positions are, we must only guess that their short positions must be very large at this level judging from the retoric coming from their leaders. The market cannot go higher from here, as it is like "grease on a door handle", no traction to turn the nob and open the door, to step in. Short selling is the preffered trade, but you must always bet for the failure of a company, or in this case an economy. As an individual investor, I feel it is me against the hedge funds, only I must declare my position, while they do not, what kind of even play field is this?