[BearCub]

You haven't been watching the markets lately. News on US housing has been driving the world markets for the last month or so. It impacts retail, financial companies, techology stocks. Shoot, even defense stocks have been driven lower solely on negative news in our housing market. Stocks in China, Japan, and Europe move on our housing market.

LOL. I haven't been watching the markets? How would you know?

This is a cycle like any other. Stocks go up, stocks go down. Same with houses. The long term trend is up and this is a buying opportunity for those who kept some powder dry.

[Always Right]

It is a great buying opportunity, but only if the fed cut next month. Otherwise we will see a sub 12,000 DOW.