Ultrashort Real Estate Drop Demonstrates Unlimited Faith in a Recovery [View article]
It would be truly incredible if someone would explain the typical investor how the SRS vs IYR double short functions. What makes is it work? After Maddoff, I wonder if we are all being sucked into another big web of fraud?
I have asked this question several times, but no one seems to know.
I am shifting from SRS to buying calls on SRS. The high volatility should pay off with an even bigger multiplier, if I am right. I bought $75 strike Feb 09 calls and hope for the best. Right after I bought my calls the price of IYR dropped below $50 and my calls dropped from $6.5 to $4! Boy, this is a rough game!
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It would be truly incredible if someone would explain the typical investor how the SRS vs IYR double short functions. What makes is it work? After Maddoff, I wonder if we are all being sucked into another big web of fraud?
Jan 09 00:00 am
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All Comments by johnthebear »Ultrashort Real Estate Drop Demonstrates Unlimited Faith in a Recovery [View article]
I have asked this question several times, but no one seems to know.
I am shifting from SRS to buying calls on SRS. The high volatility should pay off with an even bigger multiplier, if I am right. I bought $75 strike Feb 09 calls and hope for the best. Right after I bought my calls the price of IYR dropped below $50 and my calls dropped from $6.5 to $4! Boy, this is a rough game!