There are more fools among buyers than among sellers.

Many of our hot housing markets are transitioning from a sellers' market to a buyers' market.

It brings everybody back to a better negotiating stance. You don't have unrealistic sellers and you have buyers that can take their time and breathe when they are buying. It makes for a better win-win situation for everybody involved.

On the upside, at least the buyers are stepping back in and it isn't just all sellers. We're seeing buying in gold stocks, energy, semiconductors and other oversold names. There's also a lot of economic data coming down the pipe in the next few days and that should give us more to chew over.

Don't approach a goat from the front, a horse from the back, or a fool from any side.

A spoon does not know the taste of soup, nor a learned fool the taste of wisdom.