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 : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: westpacific who wrote (102743)10/2/2009 12:59:55 PM
From: Hawkmoon  Read Replies (1) of 116555
 
Well, it's definitely volatile in the both the SRS and IYR. But the Monthly charts give an indication of what's likely to happen for October, and possibly November:

SRS

bigcharts.marketwatch.com

IYR

bigcharts.marketwatch.com

IYR is definitely rolling over on the monthly chart, while the SRS is trending upward.

So any ill-timed investments in SRS will probably get made whole within a few weeks.

Besides, Cramer was pumping IYR last night.. What more does one need to short that ETF?

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext