Stockchase Opinions

Ken McCord ProShareUltraShort RealEstate E.T.F. SRS-N BUY Dec 04, 2008

A Short on a basket of real estate stocks.
$118.920

Stock price when the opinion was issued

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

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DON'T BUY
If you are buying into this product, you have to believe that the US real estate market is not finished its downturn. He feels the worst of it is over.
SELL
It should come back to the level it was at before the recent spike. It’s above its 50 and 200 day averages. $97 or $95 is where it may come back to.
DON'T BUY
Real Estate Shorts. Probably too late for this one. Looks like real estate is reaching a point of stabilization.
DON'T BUY
ProShare UltraShort RealEstate ETF. Believes that real estate will continue to go down however, if you buy a Double, it is being rebalanced every day and you are not going to get the returns you expect. It's only good for a day.