We've had nearly a 1,000 point rise over the three months options period. If people are feeling good about this market, and it's starting to have that upward impetus, you'll find people exercising long positions.

If we get any further signs of strike action hitting British Airways or Gate Gourmet going (into administration) the BA stock price could go below 280p, especially with the oil price as high as it is.

It's the best thing for Granada and Carlton, they will be happy to be shot of the problem but whether they get litigation and how badly it affects their share price still has to be seen.

What we know is there were more than 40 people on board, that the aircraft crashed in an uninhabited area.

Paul is a good friend of mine and I really wanted to support all the people who have put together this race. It's a big deal for Pensacola to have this. I wasn't looking forward to calling (Paul) and telling him I couldn't run, but there really was no other alternative. I had to do it.

It became hard to keep two or three people for meetings, but I believe that when people are gathered together, there is strength.