Thursday, February 19, 2009

Commercial Real Estate

Truthfully, the way to have shorted it was to stay short IYR, but somehow the mental strength to maintain short positions is perplexing for most so they came out with that financial intrument called Ultrashort Commercial Real Estate. Just there are price distortions, which cause it to be more of a trading vehicle than anything else. But if the trend is strong on the downside SRS should be be at least in the 150-200 range.

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