Should I short the US real estate market? AMEX:IYR AMEX:DRV
I've been watching AMEX:IYR for some time and I can't help but see similarities to the build-up in the housing market crash of 2008. It's mostly just technical analysis, but you can see 3 moves down to about -30% with a weak wedging formation/upsidedown cup & handle. The entire moves also took...
The "collective consciousness" as some have called it in the past, the market is an almost perfect diagnostic tool for determining where we are and where we're going. Millions of minds in their buying, selling, and even political voting decisions determine what we value as a society collective. We can see this everyday on charts — the price of stocks, bonds,...
