It Bottoms News Today

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investigation. he was among nine people killed in a mortar attack in a southern city. the reporter was covering a pro-government rally when it came under fire. that was gilles jacquier. nigeriians have been on a strike the past few days protesting a doubling in the fuel. a fuel subsidy was removed. those are the headlines. "world business today" starts now. hello, and a warm welcome to "world business today." im nina dos santos at cnn london. >> aim andrew stevens in hong kong. her...

The unions at this point. >> well, for the unions part, its brillianbrilliant. its the willie sutton thing, go where the money is and thats where the money is, wall street. >> this is something on your manila folder. warren buffet says the housing market is coming back in. does stuart varney agree? >> what does he mean by coming back? if it bottoms out this year and you get a slight increase and improvement in prices next year, i guess you could say its coming back. its been an awfully long way ...

Technicals, particularly the number of new lows that have popped up suddenly on the new york stock exchange. >> what does that mean? >> i believe that will be that we passed a short-term high and we will go down for maybe -- i dont know, maybe into october at the latest. >> october would be the anniversary of -- the 30th anniversary of the big crash, right? >> thats right. and then i have a very strong rally from wherever it bottoms in late september or october into early december at least, a ve...