Hey guys,
Like you, I believe this is an extremely attractive sector. I find it encouraging that NONE of the Defense ETF boards are busy, and that includes my mutual fund board (Fidelity Select Defense/Aerospace Fund FSADX.) My fund pretty much mirrors what happens here, with similar holdings.

It says to me that we may be in a great range to accumulate what has been and will continue to be probably the best long term equity play there is.

Does anyone know what the story is with FocusShares "Homeland Security" ETF? (MYP)

It does not appear to have any volume and I think it would make a related and somewhat interesting supplement to the good old BA,LMT,GD etc. Is it not open yet?

Anyway, the crowd has beaten us up and left us for dead. I say we have got a great value now.