As Building Slowdown Goes Commercial, Ultrashort Real Estate Should Speed Up [View article]
When published on March 5
the SRS closed at 113.10*
the SKF closed at 125.05*
Today March 18
the SRS closed at 104.00*
the SKF closed at 116.29*
*does not include the cost
Not brilliant for those that got in on March 5th and could not or did not get out in time. What a hard way to make money.
The easy money has been made in this trade. Like many other shorts you are now fighting the FED. It’s not just that the rates are falling. They may buy back the bad debt permanently. Its like they are a trader and what a trader to compete against. They went from holding the bad debt from 28 days to 6 months. We have best Federal Reserve system in the world.
Finally, if you don’t get a big bounce off of 100 or so then watch out. The chart could break down and you will be looking 90. Most of the bad news in ALL the markets is and has been factored in.
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When published on March 5
Mar 18 16:46 pm
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All Comments by Tony Soprano »As Building Slowdown Goes Commercial, Ultrashort Real Estate Should Speed Up [View article]
the SRS closed at 113.10*
the SKF closed at 125.05*
Today March 18
the SRS closed at 104.00*
the SKF closed at 116.29*
*does not include the cost
Not brilliant for those that got in on March 5th and could not or did not get out in time. What a hard way to make money.
The easy money has been made in this trade. Like many other shorts you are now fighting the FED. It’s not just that the rates are falling. They may buy back the bad debt permanently. Its like they are a trader and what a trader to compete against. They went from holding the bad debt from 28 days to 6 months. We have best Federal Reserve system in the world.
Finally, if you don’t get a big bounce off of 100 or so then watch out. The chart could break down and you will be looking 90. Most of the bad news in ALL the markets is and has been factored in.