Shaping up, another tough day

I'm looking at today's graph below. The market started with a big gain, almost 150, out of the gate but slipped back to up only 22. Gainers are a little ahead of losers. Similar at NAZ, now only up 7. Problems persist. Freddie Mac (FRE) lost $2B and is looking at a dividend cut, down 12. Fannie Mae (FNM) is down 8. These semi government agencies have serious problems. Countrywide (CFC) & Washington Mutual (WM), caught up in the negative news, are at new yearly lows. Target had lower earnings & issued a gloomy forecast for this quarter. Despite a major stock back, down $.90 or 2%.