ProShares UltraShort Real Estate New (SRS)

This is set to rise in the upcoming months. Ongoing vacancies and rampant mortgage fraud will bring us a nice 2008 2.0

CRE Crash Unfolding: "Yes That's Not A Typo - It Literally Sold For $9 Per SQFT"
https://www.zerohedge.com/markets/cre-crash-yes-thats-not-typo-it-literally-sold-9-sqft?commentId=a80b3136-fa5f-4493-a4c5-6e152d00ddb4

SRS
Proshares UltraShort Real Estate
15.73
+0.10 (+0.64%)

Cheers

Buying today

Hey Smitter. Are you still in this? It’s been moving higher

Banks Failing should Run $SRS up

Yeppers. Good Luck!

Hey Smitter. I’m not in this right now but this may do well with interest rates going way higher than originally thought

Not going anywhere until minimum Feb-March. Wanna see what the Fed does in Feb.

Another lovely day SRS!

Thanks. You should continue doing well with it.

Glad you made a profit! Have a great Sunday!

Hey Smitter. I held and sold after making a little. I should have held longer.

Assuming you never held? We were spot on!

Hello $20++ SRS $$$$$$$$

All by myself lol SRS

About there! No surprise. SRS

Giddy up!

Getting there.

Up up up

Next Stop $20.00+

2023 is coming!

After Hours spike caused by Walmart basically saying get ready for a really bad recession.

Much higher to go in 2023

Reason I liked SRS so much is they did their RS well before DRV so SRS got artificially pushed way the f down. Much much more then it should have. DRV is in the $50’s

Rocket Fuel!

Patience of Holding! Up up we go!

Bought some today. Have been waiting for the watershed event and I think the interest rate hike and the Bond market response are it.

Wish I had more cash available

It’s looking that way. Two more projected consecutive 50 basis point hikes on top of this week will not be good for home sales.

It’s starting

It’s coming

Yep look ahead 9-12 months from now and you may have a disaster on your hands after 7-9 rate hikes epic inflation etc etc.

Posted by Zerohedge on Twitter:
Housing market cracking.
"Some who had previously qualified at a 3% mortgage rate are no longer able to buy at the 4% rate" - NAR


CNBC:
Existing home sales in February fell a much wider than expected 7.2% month to month.

It’s starting be patient.

I took a starter position today.

The pain will be felt in approx 6-9 months is my goal to really see it start moving higher.

I’m getting ready to put my toe in the water.

absolutely

Hey Smitter. Thinking of buying some $SRS. Are you still keeping your conviction on this going higher?

Higher she goes. SRS

Will be $30 imo by Fall

Was a easy Buy

Looking good SRS!

Good Spot to load 6 months out. Calls

Bottom looks to be in. Was hoping the DRV reverse that should have been done around the SRS did theirs would drive this down further but I think we are at a bottom. Zillow gonna collapse and imo get investigated for bloating their Zestimates for their own good.

Stagflation is rearing it’s Ugly head and the Fed has so much debt every incremental increase is massive interest payments.

FED is the key; once they let up on that gas pedal...

I also like how they got their Reverse split done months ago and this has come all the way back down as to where DRV just did their RS and I don’t like that $40.00 range.

Zillow should be investigated for propping up their Zestimates while they were flipping homes and now selling them for losses. I think this whole market is going to come crashing down next year and into 2023.

grabbed 13.68's; I believe MBS purchases first to go under FED tapering(?)

Looking for my spot.