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Saturday, June 13, 2009

Going Long Housing -- Be a Bull


Well now, 2 bullish posts in a row...kind of.



I generated an idea the old fashioned way....I stole it.


Housing starts and building permit econ data are released on Tuesday, I predict they will be suprisingly good. The gov has placed alot of fertilizer on those green shoots...(aka Bullshit)


Trade idea....Short SRS if you can find the shares to borrow, or Long URE.



http://screencast.com/t/WQuojtQUJ




http://screencast.com/t/XoSUC6x8va



Orig idea, Zstock7.com


http://screencast.com/t/W6g5qwkBk3M

Posted by Stock at 5:39 PM

2 comments:

  1. AnonymousJune 14, 2009 at 2:38 PM

    Housing starts will be tweaked to become bullish.

    ReplyDelete
  2. StockJune 19, 2009 at 5:58 PM

    You were right. However, this trade hasnt really "worked out" yet....ouch, red flag...when your daytrade turns into a long swing trade.....ouch.

    ReplyDelete

Insightful and Useful Comment!

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