an analyst this AM said on commercial real estate...we're only
in the first or second inning....why didn't I just short SPG or VNO
4 months ago and walk away...these are all going to 0......IMHO
I'm really suprised how Kass was adamint that we were putting in
a Yearly low in the next 3 days.......I've heard him make some
calls.....but not like that.
well, even the ultra bears have mostly covered. The big
Elliot Wave guys like Prechter (who is the biggest bear around)
covered his shorts, though he had such huge gains and from such a
good price from back in the summer where he entered, why not
cover. His point in covering was that he had significant
gains and felt that since primary wave A is in it's final stages,
and even though he sees a little more downside to go, why risk it
as there is considerable risk for a huge short position of
thousands of ES contracts. Now folks playing several hundred
shares of ultra short ETFs, no big deal, but working out of a large
position, you can't just hit the sell at market button, you have to
scale out
Commercial Real Estate
Posted by dylan398 on 3rd of Mar 2009 at 09:46 am
an analyst this AM said on commercial real estate...we're only in the first or second inning....why didn't I just short SPG or VNO 4 months ago and walk away...these are all going to 0......IMHO
i did that via SRS
Posted by dowjones4k on 3rd of Mar 2009 at 10:20 am
i did that via SRS since 54 bucks a share. will sell soon as this wave down get near its close.
Real Estate
Posted by drorlando on 3rd of Mar 2009 at 09:51 am
1st inning dylan and still plenty of time. Hang in there and use this run to load up on shorts!
SRS
Posted by junkmaylbox on 3rd of Mar 2009 at 10:12 am
What's your target, doctor? Still 84? I put 83 in my limit order.
SRS
Posted by drorlando on 3rd of Mar 2009 at 11:04 am
Sorry was doing a proceedure, no said yesteday 86+, she hit her and was gone. Also said today $DJR had 94/96 and as a limit.
SRS
Posted by junkmaylbox on 3rd of Mar 2009 at 11:56 am
Thank you, doctor! If we see those levels, of course...
thanks for the posts, doctor.
Posted by dallassteve on 3rd of Mar 2009 at 10:00 am
thanks for the posts, doctor. I made some nice money on SRS yesterday. Let's see what kind of bounce we get.
I'm really suprised how Kass
Posted by dylan398 on 3rd of Mar 2009 at 09:58 am
I'm really suprised how Kass was adamint that we were putting in a Yearly low in the next 3 days.......I've heard him make some calls.....but not like that.
well, even the ultra bears
Posted by matt on 3rd of Mar 2009 at 10:11 am
well, even the ultra bears have mostly covered. The big Elliot Wave guys like Prechter (who is the biggest bear around) covered his shorts, though he had such huge gains and from such a good price from back in the summer where he entered, why not cover. His point in covering was that he had significant gains and felt that since primary wave A is in it's final stages, and even though he sees a little more downside to go, why risk it as there is considerable risk for a huge short position of thousands of ES contracts. Now folks playing several hundred shares of ultra short ETFs, no big deal, but working out of a large position, you can't just hit the sell at market button, you have to scale out
re: ultra bears covering, that
Posted by homer on 3rd of Mar 2009 at 10:41 am
re: ultra bears covering, that sure argues for another push down in my twisted contrarian mind. Perverse logic to these markets....
I am always frightened when
Posted by dylan398 on 3rd of Mar 2009 at 10:54 am
I am always frightened when bears announce they've covered....if the Stochastics weren't so low.....it would make me bearish
but if a bull said he sold
Posted by delane on 3rd of Mar 2009 at 10:56 am
in a bull market would it make you buy?
I meant they LIE....
Posted by dylan398 on 3rd of Mar 2009 at 11:01 am
I meant they LIE....
Kass
Posted by drorlando on 3rd of Mar 2009 at 10:08 am
Ignorance or Arrogance???
steve: I think 94/96 is all the bounce into $DJR, that puts 86 the bottom for SRS today IMO
Kass went long a few
Posted by sethbru on 3rd of Mar 2009 at 10:05 am
Kass went long a few weeks ago - probably desperate to get a rally behind him.