Today was the date to get Case-Shiller home prices since the last November of 2010. Case thinks prices are at the bottom and some are bouncing back. It is somewhat good "news" yet some of the major Blue Chip companies' earnings reports have disappointed and affected the market big time. Most of my valuable holdings are down, CHK($27.39); KOG($5.49);BAC ($13.55) GE($19.85) 3:24PM ET. Crude is down to 86ish. Good time to get right back in for some sitting on cash.
Of course if you look at fundamentals most of the market is overbought, but after the latest research on Global Investors confidence level being high on US mostly, is inspiring to daytrader/investor Joe Shmoes like us. :)
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