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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ajtj99 who wrote (195689)4/9/2009 3:51:40 PM
From: James HuttonRead Replies (1) of 306849
 
IYR doesn't have a lot of overhead resistance until 35 or so on the dailies. I wouldn't come near SRS. REITs seem to be going through the phase that banks did many months ago, in which they are able to raise capital, generating a lot of optimism, which will in turn be dashed soon thereafter by awful fundamentals. Remember when C raised money and many said they were then solvent.
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