David Moenning's Daily State of the Markets: 04/30

Courtesy StreetInsider.com News Articles  Wed, 04/30/2008 - 09:26

Still Hanging Around

Here’s a link to listen to an Audio Version of the report: 

 
With all three major indices sitting right at important junctures from a chart standpoint, it is interesting to note that there isn’t much of a battle going on between our two teams right now.

It’s as if both sides are content to just sit and watch for the time being, which is a little strange given the potential for either a celebrated...



 

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The problem with all this, from the standpoint of an investor or prospective homebuyer, is that pending home sales, by definition, are not closed...


 

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