Well after the housing numbers came out we tanked. This was very unpredictable. The housing numbers were actually really good. What drove the markets down today was England's GDP numbers which were horrible. The economy had negative GDP growth. SRS is setting up here. There is a whisper about extending the housing credit. This will set up as a great shorting opportunity. When the government finally finds out that the public isn't a bunch of idiots real estate will begin to back up.
All in all i think now is the time to buy real estate. I also think now is the time to short companies like VNO, SPG etc. We are gonna do this through SRS.
Also long SRS and VXX
Gonna take the wife to Caps and drink a beer.
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