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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Smiling Bob who wrote (200578)5/6/2009 3:24:03 PM
From: patron_anejo_por_favorRead Replies (2) of 306849
 
Started position in SRS at 21.80-22.20.
Added to SDS hedge position at 58.15
Opened tiny position in FAZ at 5.50.

We'll see how the close goes. Stuff is way overvalued using any reasonable metric, not to say it can't get more so.

EDIT: Closed FAZ at 5.65. I don't take that one home, ever....
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