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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (202275)5/14/2009 3:20:07 PM
From: ajtj99Read Replies (1) | Respond to of 306849
 
Things look as though they could be rolling over here, although I'm not ready to get short yet.

A negative divergence is starting to manifest itself on the IYR 15-min, which could be a sign this bounce is dying.

I wouldn't go into SRS unless IYR gets under 32.10 or so. Also, I'd wait to see weakness in GS before getting negative on the market, and GS is right near the highs of the day here.