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Real estate ETF has a lot to lose

Short
AMEX:IYR   iShares U.S. Real Estate ETF
This ETF went inside down on the week and at major resistance. It's a bonafide short although I rarely short the ETF itself and look for the weakest names held by the ETF instead. Just like the home-builders sector there is a major disconnect from the real economic reality and price here. The FED can pump the larger market ad infinitum but there will be huge reduced demand for real estate and homebuilding because people cannot get loans to build even IF they still have a job. This is the reality and it's not gonna change soon.

Ironically if I am correct and I profit from these shorts I will use that profit to buy some real estate in the inflationary cycle that is coming after all this washes out!!!

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