Thursday, December 4, 2008

Getting Short Real Estate

I am getting short real estate and am doing this via the Proshares Ultrashort Real Estate ticker SRS. I am now long 1 unit of the ultrashort real estate ticker SRS here at $113.10 with a stop at IYR $33.16


Good speculating to you all and never forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 1 unit Ultrshort Real Estate ticker SRS @ $113.20 stop @ IYR $33.16
Long 1 unit Ultrashort Financials ticker SKF @ $148.10 stop @ XLF $12.31
Short 1 unit Apple ticker AAPL @ $110.90 stop @ $100.53
Short 1 unit Salesforce.com ticker CRM @ $56.05 stop @ $32.56

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