Tuesday, October 02, 2007

 

Fly Buy: SRS

I bought 2,000 SRS @ $83.50.

Disclaimer: If you buy SRS because of this post, your house will endure a blackout. Just your house. And, you may lose money.

Comments:
Ahm a gonna faght yoo, Mistah Mahket! And Ahm a not gonna give up, until ize kilt!
 
are you concerned that this is shorting a portfolio of reits, which will act like bonds?
 
I'm concerned that he's shorting:

1) already beaten down sectors and

2) real estate asset segments that will benefit from inflation and/or a weaker dollar.
 
The housing bottom will be when the Canadians drive down and buy all of the surplus homes in Florida when their dollar is worth twice as much as ours...
 
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