UltraShort Real Estate ProShares (AMEX:SRS)

CAPS Rating: 1 out of 5

Exchange traded fund

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Recs

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Member Avatar bill8181 (< 20) Submitted: 4/10/2007 12:15:11 PM : Outperform Start Price: $1,025.50 SRS Score: -93.79

Ultrashort RealEstate ETF. This is a play on anticipated market correction and current overvalued condition of REITs relative to other investments. This ETF increases in price at about 2x the rate the underlying stocks in ETF IYR go up.

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Recs

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Member Avatar ctmedic00 (99.35) Submitted: 3/14/2007 10:36:41 AM : Outperform Start Price: $1,086.14 SRS Score: -98.54

Hey everybody raise your hands for the Ultrashort real estate ETF. If you think the bubble is over then you are kidding yourself. Foreclosures, BKs and a fire sale in this sector. I think this will be a nice pad on my score.

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