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Strategies & Market Trends : TRIPLE TRADES
OPEN 7.770+5.9%Oct 31 9:30 AM EST
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To: Bull RidaH who wrote (528)2/17/2021 2:08:08 PM
From: Bull RidaH2 Recommendations

Recommended By
DayTraderKidd
Kahlua

  Read Replies (2) of 4391
 
$HGX - For those looking for alternate ways to play the housing market boom, the Philadelphia Housing Index provides a tidy vehicle. A wide range of call and put options are available on this index to capitalize on the the RE bull market that is still in the middle innings in terms of appreciation, not time. Fast approaching is a final speculative melt-up climax high. The chart has recently broken out of a 3 year megaphone pattern, and is targeting 596 for a topping/reversal point.

Once that number is approached/seen on HGX, it will be a very wise idea to unload ALL Real Estate, and rent what you need until the next crash and burn unfolds. Hey, maybe Klaus has a point after all!! YES!!... I WILL own nothing and be VERY happy AFTER selling into this historic high. <g>



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