Friday, January 26, 2007

new Home Sales Surge

The latest gov't figures show a jump of 4.8% vs expected rise of .5%. Do you believe it? Do you really think the housing market is turning? Are those bad homebuilder results just fictional? I've got to go to the doctors, but will have more analysis later.

50 day moving avg on the S&P cash looming large at 1413.

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