karennma 8,057 posts msg #126931 - Remove message |
1/26/2016 10:27:21 AM
I hope RE crashes hard. Worse than 2008.
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karennma 8,057 posts msg #126933 - Remove message |
1/26/2016 10:36:52 AM
The low on HBZ was Oct 5, 2015 @ $15.22
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karennma 8,057 posts msg #126934 - Remove message |
1/26/2016 10:43:00 AM
Today's prices:
SRS $48.50 (2X inverse of DJ US RE Index)
REK $20.18 (Inverse of DJ US RE Index)
DRV $21.12 (Inverse of US REIT Index)
HBZ $24.53 (Homebuilders & Suppliers)
Now if Velocity came out with a 3X, that would be my inverse ETF of choice.
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karennma 8,057 posts msg #126935 - Remove message modified |
1/26/2016 11:22:57 AM
Sale of Single Family homes peaked in Jan 2015. Look at 5-year chart and draw trend line from Jan 2015 to current.
https://research.stlouisfed.org/fred2/series/HSN1F
Ha! U don't have to look at 5 yr. Just look at ONE-year chart.
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karennma 8,057 posts msg #126938 - Remove message |
1/26/2016 12:07:12 PM
But for a housing crash, you need prices to go down ...
https://research.stlouisfed.org/fred2/series/MSPNHSUS
Banks already have problems ... see ..
Moving in the right direction.
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graftonian 1,089 posts msg #126960 - Remove message |
1/26/2016 6:19:37 PM
Three out of the last four days buying UWTI in the pre-market and selling early has increased my "beer money" account. I may die hungry but not thirsty.
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karennma 8,057 posts msg #126964 - Remove message |
1/27/2016 8:49:10 AM
Sweet!
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karennma 8,057 posts msg #126965 - Remove message |
1/27/2016 10:05:30 AM
Crash Report for 01-26-16
DJI +282.
SPX +26.
ETFs (%)
GASL +32
UWTI +15
NUGT +13
JNUG +13
(%)
DYY -15
DWTI -14
JDST -13
DUST -13
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karennma 8,057 posts msg #126967 - Remove message |
1/27/2016 11:07:01 AM
@ graftonian, that little bugger looks like it's ready for take-off.
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karennma 8,057 posts msg #126968 - Remove message |
1/27/2016 11:42:53 AM
Wha hahahah! $2.21 blast-off!
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