NYSE Euronext (NYX)

[metropick]

I feel your pain bro! Hang in there. I think there may be a small chance that we get back to $78-$80 if the retail buyers (like you and I) get rattled enough to sell.

I really feel strong hands will keep NYX at current levels. Don't get too discouraged.

By the way, you are right to diversify! But let's take it further -- Don't just buy one stock, hoping to offset your temporary loss in NYX though -- buy three or four good ones if you can. I am reluctant to recommend any specific stocks at this point, but I think these sectors are a good start:

Int'l Freight Shippers
Materials (Chemicals & Steel)
Financials (but stay away from ones that have exposure to mortgages for now)
Electronics (stay away from companies with pure US exposure, you'll probably want companies with revenues in Europe/Asia moreso thanb the US... I believe flat panel TV manuf are a good start, for example)

Don't take my work for it though. From my experience, DD (due diligence) & diversification are the keys to success in the market. Now, go do some DD and pick a winner!!!

ps
this is an excellent market to recover your loss. Imagine how discouraged you'd be if we were in a bear market.

Regards,

Metro