Posts Tagged ‘real estate’
Weekly Divergence In The Major Indexes
The pressure is building under the foot of a weekly divergence in the SPX, RUT, NDX, COMPX and the other sectors that have been smashed, namely commodities, financials, and real estate. A relief rally typically happens when this setup is showing its face. We had a rally off the 3rd week of October low based …
Posted by StockRake on June 19, 2008 in Stock Comments, Trades
Position Update
Short the NDX and RUT heavily. Own: AP, ABP, KWK, SRS (might be selling it though based on today’s action.) No longer have ABAT or CPST, but looking for a place to rebuy. Bought yesterday: SRS ultra short real estate etf. KWK again.
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