UltraShort Real Estate ProShares (NYSEMKT:SRS)

CAPS Rating: 1 out of 5

Exchange traded fund

Recs

2
Player Avatar hateninja (< 20) Submitted: 2/11/2009 2:17:02 PM : Outperform Start Price: $973.65 SRS Score: +1.01

I'm not a fan of these ETFs but I live in Phoenix. Am am seeing the effects first-hand of an economy buying too much stuff it does not need. Amazingly, junk stucco housing at 300-500k a pop was also included in that. Commercial RE is next to take a huge hit, and the MSM has not been doing a good job reporting all of this.

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