real estate-IYR: 2 1mil share blocks post hours, today...

Discussion in 'Strategy Development' started by diligent, May 19, 2006.

  1. imo, the smart money real estate exodus is beginning today, either through posit or liquid net, posting these large after-hours negotiated blocks.

    note the timeliness of these blocks:

    - at the 1 standard deviation of the year-to-date volume*price

    - after bullish technicals were rejected at the $70 trend-reversal-establishing retractment

    - these blocks make this the highest volume trading day YTD for IYR, both being negotioted via IOI intraday, and posted via private match, imo

    your thoughts?
     
  2. danoXP

    danoXP

  3. agreed.

    real estate has hell to pay and will bear the brunt of inflation and debt consequences in the next 24 months... the next great bear market is real estate.
     
  4. Hamlet

    Hamlet

    IYR is a broad REIT ETF. I do not think this is the best approach to short the REIT sector since the residential and some commercial reits have a good chance to benefit from the falling housing market through higher rents.
     
  5. interesting ^

    what would you suggest?
     
  6. Hamlet

    Hamlet