These ETF's are a joke and our broken as we should easily be in the 90's. BXP is down $6+ and alone accounts for a good chuck of this ETF. CRE is DOA and the LEH collapse makes it even worse as LEH has the largest exposure of CRE in the financial industry. A freaking farce on this one to say the least.
VNO is also down about 10% today. SPG and PSA are holding up nicely though. Paulson is geting ready to speak in 9 minutes. There will probably another short squeeze during his speach. Does anyone here thing that the Fed is going to cut rates tomorrow? I think inflation is still too high to cut rates.
It seems patience in holding SRS is about to pay off...a little, anyway. Like others have posted, this is really a basket of things from apartments, to office REITs, to storage, to malls, etc., so not a lot of movement if one company tanks. Similar thing with SKF...at least today it has sprouted some wings.