I agree. I sold most of my shipping stocks except for SFL and GO. Had a hard time parting with FRO, but thought that SDRL was a better place now for that same money. (SFL were spinoff shares I got from FRO.) My philosophy for most holdings now is to put money into stocks that provide income and some price appreciation, which is why I like SDRL and especially some of the MLPs. Common factor? Energy (natural resources/materials) sector. Am beginning to think that some of the oil services stocks might also be very worthwhile.