OT , this should kill the housing markets, Here are this morning’s financial news headlines:
03/11/2010 Washington Post: FHA considers down payment requirements The Federal Housing Administration has concluded that its loan volume would have dipped by 40 percent in the next fiscal year and that 300,000 ...
03/11/2010 Reuters: Geithner urges reform on housing finance market Treasury Secretary Timothy Geithner said on Wednesday that "fundamental reform" of the government's role in the housing finance market ...
oex still not above previous high...still potential for double top? if spx can close above 1156.25, the ball game will have changed and a move to 1187.50 then 1218.75 is guaranteed for the not too distant future!