Housing, Goldman, Bill Gross on USD

$COMPX 2098.43 -17.66 -0.83% 535,397
$INDU 9861.46 -20.71 -0.21% 281,770
$INX 1056.63 -6.78 -0.64%

Take profit ~ Golden harvest time.

SPX 1054 ~ still bouncing off -- markets are not oversold because the time was dragged.

Markets are overdue for a meaningful correction after all kinds of manipulation to hype the markets, e.g. FASB changing accounting rules of mark-to-market, and numerous up grades. And now, we are seeing a mild downgrades, but not yet a downgrade bandwagon.

Why would new home sales drop -- the reason would be the government buying program is not as active.

• • New Home Sales Post Surprise Drop; Inventory Also Falls

    Sales of newly built homes unexpectedly tumbled 3.6 percent in September, but the inventory of new homes available at the end of the month shrank to the smallest in 27 years. Mortgage Applications Fall Compromise on Tax Credit?

  • Goldman Sachs Cuts Third-Quarter GDP Forecast

Without Americans know about the NWO agenda of unfairly swindling the global wealth by devaluing USD and manipulating financial markets and economy, Americans are so deep in the NWO power, we do not have much chance to recover the loss to the wealth level of pre-2000.
Tightening credit card rules with new Consumer Protection Bill.

• Weak Dollar Is Protectionist Barrier: Bill Gross

  The dollar is likely to continue depreciating and the "new normal" will see consumers shedding debt in an attempt to balance their books, Pimco's Bill Gross told CNBC. Will a Pause in Carry Trades Boost Dollar?

• Durable Goods Orders Rise in Line With Expectations
• Mortgage Applications Slump for 3rd Straight Week
  • Foreclosures Spread into New Metro Areas
    
• • BILL GROSS : Midnight Candles -- Nov 2009 commentary