Monday, November 02, 2009

IYR - iShares Dow Jones US Real Estate



Apart From the Crowd - 11-3-09 - The IYR

2 comments:

  1. Singer,

    I sort of like this call on the IYR and I think you have it marked well. I suppose if they extend the homebuyer tax credit you could def. see the spike to around $50.

    I'm sure at that point the media would be able to provide the "reason" the IYR moved higher.

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  2. @McFear

    H&S bottom more developed on this chart than S&P... I am posting Annotated Version later this week... I like 50 too but massive resistance at that point...

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