Monday, January 25, 2010
SRS
SRS ... the widow maker, ultra short real estate, is running up. I always thought this sucker will run some day because I think the housing market is just a time bomb ready to explode again. sure enough its rallying today especially off the report that existing home sales plunged 17%. It got down to around 7 bucks in december, was as high as 273, but its been a terrible stock to trade. breakouts do not work on this one. at any rate for a long term investment I bet it pays off big time. its at 8.30 today. I bet it will see 40's easy.
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