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ProShares UltraShort Real Estate Message Board

  • jamiejz jamiejz Dec 16, 2008 4:18 PM Flag

    I am licking my chops..., what an opportunity awaits...

    Buy, hold for 6 mos to one year and your money will quadruple.

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    • Each time SRS falls back down, it becomes more and more difficult to regain its past highs.

      All double long/short funds require sustained movement. You would need something like the IYR falling 5% for 15 days straight, which would be difficult to achieve.

      Even if the IYR gets slashed by 50% in one day, the SRS would only move to $122.

      If you think ultimately commercial reits are going down...buy some put options on the IYR and give yourself around 6 months in time. The SRS is NOT the way to play anything but an imminent move in the IYR, the daily fluctations will kill you.

    • sorry, doesn't work that way. See Hawks post from earlier today or yesterday where he detailed how this works. And look at the charts. Unless there is a sustained move DOWN in IYR there is no quadrupling here. SRS is a trading vehicle to be used for the day only.

      • 2 Replies to salipenta
      • we will wait and see. My moves have been seldomly wrong. This is a classic suckers rally in a bear market. It may go up a few hundred points more and I am slowly positioning myself for that, exiting my longs daily (GDX QLD SSO DDM DGP) and started loading up on SRS, some SKF, USO, GLD, SLV, short MET, MA, ROH, etc.

        I am at 350sh SRS today @ avg $70. Plan to have a position of 600-700sh if the SRS drops further.

        Fundamentals are just getting awful every passing day and 0% interest you think is a good move, think again, it is a desperate move...

 
SRS
52.85+0.15(+0.28%)Aug 28 4:00 PMEDT