Hi K, good instincts as usual regarding CMM. I got in but got out again sensing it wasn't a solid platform on which to stand.

"I see the market as wanting to surge. It got a bit of a kick in the privates from the situation in Japan, and although the situation there has worsened dramatically in the last week, the market is sloughing it off, and surging regardless."

Well, if we all interpreted things the same way we'd all be in the same boat, for better or worse. I too see the market trying to surge, but I don't believe for the same reason. There is significant interest from gov't to buoy up the market (remember 9/11) along with a lot of investors who dearly love to read the positive into everything. (One thing politicians know is to not tell people what they don't want to hear. Ever notice that about people?) I note that the trading is very thing with sp's moving up substantially on little buying. For me it is not convincing. It was only natural for prices to bounce back up from perceived bargains and the simple fact that, as nothing goes straight up, likewise nothing goes straight down. It was also an important time to make sure that the market didn't freefall and as usual "interested parties" did their work to make sure that didn't happen. The sheep are lead easily....for a time. We'll see how long this can be sustained...perhaps the bottom is in....but even the TA'rs will tell you the correction hasn't gone deep enough yet. Who knows?....but I'm waiting to see, having taken my position. Question, how many times has the bottom been called on NOT, to find that bottom was sitting on more quicksand. Food for thought. One good thing about NOT though is that it has been beaten down so hard that it doesn't respond as much to market depression as other stocks. It's a little more weather proof now, particularly with the ROF chatter about.