Everyone needs to bail out of SRS NOW! Oh, you haven't heard? The theory is that everything CRE will now be peachy keen because of mark-to-fantasy. Hey, I heard it this morning on CNBC, so it must be true. Hence, the strength in IYR. Now get with the program.
Apparently so - Ouch. Where's the luv for Mr. Bear. Not feeling it right now. But soon we will rise from the ashes - as reality will triumph mark to fantasy. If not, I'll be another OREO.
The Financial Ninja is a collection of my thoughts and opinions about current economic and market conditions. These are not buy and sell recommendations. Use your head and do your own research. This is a forum to stimulate discussion and debate.
I started trading during the tech bubble when I was still in high school. My trading has financed my education and I have since completed a BA in Economics and an MBA with a concentration in Finance. I have worked as both a proprietary equity and fixed income derivatives trader.
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Everyone needs to bail out of SRS NOW! Oh, you haven't heard? The theory is that everything CRE will now be peachy keen because of mark-to-fantasy. Hey, I heard it this morning on CNBC, so it must be true. Hence, the strength in IYR. Now get with the program.
Apparently so - Ouch. Where's the luv for Mr. Bear. Not feeling it right now. But soon we will rise from the ashes - as reality will triumph mark to fantasy. If not, I'll be another OREO.
That could be triangle forming but who knows (the chart). Maybe final surge to up?
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