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</td> </tr> <tr> <td height="40" valign="top"></td> <td height="40" colspan="2" valign="top"> <div align="left"><font face="Arial, Helvetica, sans-serif" size="-1">Our archived letters are in a PDF format which requires Adobe Acrobat Reader to view. If you do not have a copy of Adobe Acrobat Reader, you can get a <a href="http://www.adobe.com/products/acrobat/readstep2.html" target="_blank">free copy here.</a></font></div></td></tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">July 2011</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2011_7.pdf" style="text-decoration: none"><strong>Revising the American Dream</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">April 2011</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2011_4.pdf" style="text-decoration: none"><strong>Relationships Matter</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">January 2011</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2011_1.pdf" style="text-decoration: none"><strong>Bygones</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">October 2010</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2010_10.pdf" style="text-decoration: none"><strong>Risk On, Risk Off</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">April 2010</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2010_04.pdf" style="text-decoration: none"><strong>Stock Market Recovery</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">January 2010</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2010_01.pdf" style="text-decoration: none"><strong>The Outlook for 2010</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">September 2009</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2009_09.pdf" style="text-decoration: none"><strong>Could The Shape Of The Recovery Be a Square Root Sign?</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">June 2009</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2009_06.pdf" style="text-decoration: none"><strong>Trying to Make Sense Out of Today s Markets</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">April 2009</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2009_04.pdf" style="text-decoration: none"><strong>Renewed Fears Lead To A "Capital Strike"</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top"><strong><font size="5" face="Arial, Helvetica, sans-serif">Jan 2009 Special</font></strong><br> <font size="3" face="Arial, Helvetica, sans-serif"><a href="pdf_archive/archive_2009_01b.pdf" style="text-decoration: none"><strong>Remembering Don MacNeil or How Not to Get &quot;Madoffed&quot;</strong></a></font></td> </tr> <tr> <td height="58" valign="top"></td> <td height="58" colspan="2" valign="top">&nbsp;</td> </tr> <tr> <td height="48" valign="top"></td> <td height="48" colspan="2" valign="top">&nbsp;</td> </tr> <tr> <td height="68" valign="top"></td> <td height="68" colspan="2" valign="top">&nbsp;</td> </tr> <tr> <td height="35" colspan="3" valign="top"> <div align="center"><a href="#top"><img src="toparrow.gif" width="40" height="35" border="0" align="middle"></a></div></td> </tr> <tr> <td height="35" colspan="3" valign="top">&nbsp;</td> </tr> </table> </body> </html>