Back from his 2-week sabbatical in France, TraderAlamo rewinds the tape on Tuesday's video "ETF in 60: IYR Real Estate ETF looks SRS-ly Toast (French Toast)" The Proshares Ultrashort DOW Real Estate ETF (SRS) movements through the week are reviewed, detailing where traders should have entered and exited SRS throughout the volatile week. SRS was not an easy trade for beginners this week, but there were opportunities for better and experienced traders. These "advanced level" trades on SRS this week are highlighted in this video. Also, where iShares Dow Jones US Real Estate ETF (ticker: IYR) and ProShares Ultrashort Real Estate ETF (ticker: SRS) are likely to head this week (2/23/09).
Disclaimer: No positions in the stocks mentioned as of 2/22/09. Information in this video is for entertainment purposes only, and not a recommendation to buy or sell any equity.
**Charts: All Charts courtesy of Telechart 2007 by Worden.com**