I note that the 50 day moving average has crossed the 200 day moving average (known as the "Death
Cross"). Based on this technical, and rising interest rates, looks like MAIN will continue to move lower
Ya. I agree. I trimmed off my position down to 20% when it was at 32. I bought a little back at 27 and will probaby buy in wide gaps on the way down. Looking at 24 for my next buy. This stock is getting thrown out with all the interest rate sensavite stocks but it really doesnt have musch risk. Its credit facitly has floating rates as do they all. Im sure its debt side of the Middle market portfolio will have some depreciation but wont hurt its earnings since they hold it for the interest and not trade it. Add in that they have themselves hedged against interest rates should also provide some cushion.