Stagg, got to love your optimism but the charts are against you. I think we got our bounce, which for many stocks like SFL and FRO (down again this morning) rose to their levels from which they broke. The bad employment numbers were just waiting there to take stocks down.
The mREIT sector is getting killed because of the leaked plan to refinance agency mortgages. But meanwhile gold is up because the market realizes that the printers have no policy answers other than to print. In the end, whenever we get QE3', it should be good for energy and food but bad for consumers.
mark...Here is today's secret tip...First, print out the chart...Second, turn the printed chart paper around and hold it up to a bright light...Third, you can now read the future price movement of the stock that you printed out...I cannot believe how all these younger investors, on this message board, do not know how to read the future price movement of stocks (this secret is for SFL board members only)....Good luck to all...!