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ProShares Ultra Real Estate Message Board

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  • noils2 noils2 May 10, 2010 5:42 PM Flag

    CNBC_John Paulson

    Paulson is the guy who designed the Goldman Sachs CDO that they both shorted knowing that it was loaded with mortgage loan defaults. I've been long on URE for a year. It makes me nervous when scum like Paulson is pushing it.

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    • Have you read his biography? It is an interesting read. He was early into the GS deal and had a big draw down. Eventually the real estate market dropped and he made a fortune.

      I have a position in XHB. I am thinking of also buying into IYR and URE Which ones do you think would be best for a recovery?

      • 1 Reply to tlee22202
      • I haven't but I'd like to read JP's bio. He didn't do anything wrong in the GS deal but I don't understand his motive for pushing real estate.

        I like URE better than IYR and XHB after taking a quick look at them. URE used to be a $400 stock. It has alot of room to run in the next few years as real estate gradually recovers. I have exposure in international stocks but don't know much about the real estate markets to invest in IYR. Aren't there bubbles out there such as China? I like your homebuilder etf and may buy that one. What else do you have? lol

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