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ProShares Ultra Real Estate Message Board

  • jj_franco jj_franco May 31, 2009 5:58 AM Flag

    IS URE a good play?

    I am thinking of starting a 2K position in URE and I'm a litte worried that the real estate markets both residential and commercial still seem a bit groggy at present. Can anyone please explain the upside potential of URE especially if the economy starts to recover? Thank you kindly in advance!

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    • First of all, you must ask yourself "why am I thinking about investing in ure?" Do you think that RE is going to be on the upswing? Do you think the economy is going to improve? Also, what is your time frame? Are you a trader or a buy and holder? If you do not have any concrete answers to these few questions...then, you my friend, should not be investing in ure or any stock for that matter! You must do your due diligence in order to establish conviction on a buy or sell of any stock. I wish you well and I hope this short message will assist you in learning more about yourself and some questions that need to be answered before you invest.

    • URE is the best ETF at this price, the RE sector will recover soonest than expected, the price action is very bullish, I am holding big shares, soon or later URE will gross SRS around 8.56 this is for real.

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