ProShares UltraShort Real Estate Message Board

  • vedere2 vedere2 Dec 28, 2007 12:25 PM Flag

    No what?

    So I bought SRS a couple of weeks ago at 116 and watched it move to 120 -- then steadily downward. Although I see RE (especially commercial) dropping going forward, I sold SRS last week at 105, figuring that SRS's present range is 90's-110's. I also fell for the belief that there will be a rally through the first week of January. (Still possible, of course.) I figured I would re-buy in the 90's. Of course, SRS is up since then.

    I certainly expected volatility -- although once you actually see the losses it becomes a very different discipline. But now I'm wondering how I should play this going forward.

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