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.

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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DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.