Jason Hamlin

Doubling Down on Continued Weakness in Real Estate, Financials

Just checking back in as promised.

For those who blasted me and said it was "too late" to short the housing and financial sectors in early November, I am happy to report that SRS is up about 30% and SKF is up about 35% since I recommended them 4 months ago!

Anyways, thanks for the spirited discussion. If you would like to view my portfolio and track my stock picks, go to login.goldstockbull.co...

Doubling Down on Continued Weakness in Real Estate, Financials

Thanks for the spelling correction Jordan. I picked up both SRS and SKF on Tuesday of this week, so yes, I did quite well.

Doubling Down on Continued Weakness in Real Estate, Financials

Well, we disagree. Let's check back to this post in 6 months and see if I was able to squeeze any more "blood from the turnips." I'm betting it will be more of a bath.

Housing equities have only been in decline since Feb/March (8 months) and financial equities since June/July (4 months). Now sir, would it have been "too little, too late" if an investor shorted the Nasdaq 4 months or even 8 months after it started the decline?

No, it would have been less than half way down, with the bulk of the decline still ahead and the majority of the profits (via shorting) still to be had. But somehow I am late to the game by shorting these sectors 4 or 8 months into their decline? That makes no sense and it is not consistent with the history of bubble bursts.