correction coming tomorrow, people might use that as an excuse to stay on the sidelines, to stay uninvested. and that's been such a harmful strategy for the last few years. even though there are corrections happen, markets fluctuate, i wouldn't use that as an excuse not to prepare the right long-term financial plan. >> all right. thank you so much for your thoughts, art. art steinmetz, chief investment officer at oppenheimer funds. >> thank you. >>> as we mentioned, there was more good news today about housing. the s&p case-shiller price index for february showed the 20 biggest cities shot up 23%. that's the biggest year-over-year since 2006. measured in all 20 of the markets and that hasn't happened in eight years. but with some prices rising so quickly and a tight supply of available homes on the market, some worry now that we may be entering a new housing bubble. diana olick has more. >> reporter: as home price gains head toward double-digits, some are raising concerns that they are rise together far too fast. >> i would not call it a bubble. i'll admit a bubble is one thing you don't se

i think you can accurately figure out which ipos you can write off as uninvestable and which ones deserve to be bought. buy, buy, buy! you can separate the ipo wheat from the chaffe. it isn't about luck. it's about analysis. the kind of homework professional money managers do all the time and i advocate endlessly and tirelessly on the show. i know the pros have it right because every day i would analyze stocks the exact same way in my old hedge fund and that's still how i do it. i made a boat load of money for myself and my clients at my old hedge fund by investing in ipos. i want you to know exactly how i did it so you can do it yourself. here's inside information you need to know about ipos. i think the investment banks have their own agenda, one i believe is often as much about bringing regular people, retail investors like you back into the game as it is about helping their clients raise money in the equity markets. one of the things i learned on walmart hocking stocks and buying bonds at goldman sachs and managing money for myself and for the rich people in my hedge fund is when the

enable pe to see a significant amount of activity, including nearly $350 billion of try powder or uninvested to vintage funds in '07 and '08. access to credit through the debt market seems to be easing a bit, as well as multiples, median multiples in 2012 from an ibad multiple perspective came in to about a little over seven times from off their highs of the mid eight. so i think there's a lot of components in place that will see a robust back three quarters of 2013. >> thanks for that, donald at mcgladrey. >>> still to come, congress moves closer to passing an internet sales tax bill. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your