I mentioned last night about the 90 day foreclosure moratorium that is ending. This morning one piece of news was mainly buried and did not catch everyones eye. http://www.cnbc.com/id/30222606/
Foreclosure rates soar in March, that is why JPM, BAC all mentioned March is tough and we will see a wave of these as job losses mounting. Get out while you can. I am further reducing my long positions today.