We are going to have the Case Shiller numbers out tomorrow and I think we will see a big gain as these numbers are backward looking. They mean absolutely nothing, but they do move the market. The builders should be back on their upward track.
It wasn't much of a mover last month despite being a pretty good number (Aug 28th) ... ITB opened at 17.86 and closed at the same 17.86. I think we'll see another pullback and downtrend until September earnings ..... will be loading up on Pulte as it nears 15 - 15 1/2 bucks.