Archive for July, 2009

Back to Work

A few pictures from my trip.

I need some time to analyze the charts, haven’t looked at them even once on vacation.

As always, a brief 8-word summary of the stock market events for the past 2 weeks would be appreciated :D

P1010723

P1010970

P1010758

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Vacation Notice

I’m away until end of July.

Good trading!

swallows_nest_crimea

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Chart Updates: $IYR, $SRS

SRS

Follow-up for June 15th post
Original opinion: IYR under distribution, SRS under accumulation

SRS has since gained about 11%, but more importantly it’s now in an established uptrend.

july8_srs

IYR

IYR lost about 8% in the same period. SRS is clearly far from double if you’re holding it (it’s actually not based on IYR, but a double-inverse of DJUSRE index which lost 7% since June 15th). However in times of higher volatility, if you expect it, SRS will perform better.

july8_iyr

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