As you can see in the chart above, the Daily trend has turned up. In light of some of the most dramatic and pessimistic forecasts out there, this one might be worth keeping an eye on. SRS has some intriguing looking option plays as well. Game on.
A
Sunday, January 24, 2010
SRS
Halftime of the Jets - Colts game and I came across this chart. (Get a life.) SRS is a 3X beta bear real estate ETF. In November of 2008, it peaked north of $295. Today, SRS is trading at $8 and change.
As you can see in the chart above, the Daily trend has turned up. In light of some of the most dramatic and pessimistic forecasts out there, this one might be worth keeping an eye on. SRS has some intriguing looking option plays as well. Game on.
A
As you can see in the chart above, the Daily trend has turned up. In light of some of the most dramatic and pessimistic forecasts out there, this one might be worth keeping an eye on. SRS has some intriguing looking option plays as well. Game on.
A
past couple o' weeks there had been a tendency--according to financial media--that some market players sought "safety" in REITs.
ReplyDeletebut seemed to that this foolishness change on Friday--SRS moved unabashedly [Bob Guccione's favorite adjective during the 1970s].
Sweet Home Alabama
2x btw...3x: DRV
ReplyDelete-Mike
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ReplyDeleteThere is no security on this earth, there is only opportunity." - Gen. Douglas MacArthur
Love the new format of the alerts, Allan. I had a whole weeks worth of alerts I had printed out and wanted to create a spreadsheet to track the signal changes. Lo and behold, you have it all figured out. Thank you!
ReplyDeleteTishman Speyer Properties and BlackRock Realty $5.4B NY default 01/25/10
ReplyDelete110 buildings and 11,000 apartments overlooking the East River; 25,000 tenants.
Neil Diamond - '. . . LA 's fine but it ain't home, NY 's home but it ain't mine no mo . . . '
Why do you chart leveraged instruments rather than the underlying? Given the way they work, they will always trend toward zero over time.
ReplyDelete