SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Hutton who wrote (141410)8/15/2008 10:05:10 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>Anybody shorting the RTH? Retailers run is beyond stupid. <<<

I am still holding a short on Ross Stores (ROST). Bad call on my part, but I made a lot selling puts against it on its rise. I will have most of it "put away" away at $40 tomorrow. I am looking to enter a healthy retailer short...like JCPenny or the RTH as you mentioned.

Talking heads are all saying the bottom is in the rear view. I sure don't think so. Recall that there have been about four mini-bulls in the home builders on the way down from the '05 peaks. Simple fools thinking they are making a bottom and that all the losses will be recovered in the next six months.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext