Tuesday, April 8, 2008

*SHORT* REAL ESTATE the POPfolio Way! PART 82 ~ *Puts* iShares Dow Jones US Real Estate (ETF) (Public, NYSE:IYR)

PutsOnThePop.com owns IYRPR

YES we bought at $3.50, watched it go up 33%
NO we didn't take quick profits like we preach and watched our DIE REAL ESTATE, DIE! position fall 50%

we bought more on the dip at $2.10
... and now we're just above even.

IYRPR is coming off bottom and going higher!

2 comments:

BUY ON THE DIP said...

DIE REAL ESTATE, DIE! - puts on IYR

DIE CREDIT CARDS, DIE! - puts on COF

DIE HIPPY TRENDY RETAIL, DIE - puts on URBN

DIE AG PLAYS, DIE ??? lets not talk about SMN.

BUY ON THE DIP said...

IYR down 1%

COF DOWN 2%

URBN DOWN 4%

P.O.P.