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ProShares UltraShort Real Estate Message Board

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  • lzymoney01 lzymoney01 Aug 10, 2009 3:36 PM Flag

    1929 v 2009

    Thats why I moved my position to BEARX,
    because I really think this thing will tank slowly over time.

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    • Not the same time. In 1929 they were hit with a shit storm and knew nothing about trying to combat it. When they did they made the wrong moves over and over. Today they have something more informative to handle the problem. Is this country in a major mess? Sure it is. Can it be fixed over time lets hope so. For now fighting the fed is extremely difficult and anyone holding this or faz can show you with tears. How far will we correct? Short term I would be shocked if the dow went under 8500 before the next major run. Timing is everything and right now the bulls are in control. Disclosure, I own FAZ and just bought SRS. I hold these for protection on my long holdings. AIG at 8.58. SQNM at 3.75. AKRX at 1.21. These could get crushed at any moment.

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