Real Estate (IYR) Breaks Another Trendline

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I am having a fantastic day so far. Just DYNAMITE! I've got to tell you, I saw a lot of comments like this on the blog last night, and frankly it made me more comfortable in my bearish stance:

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It's weird how total strangers to Slope who never post show up like this and declare absolutes. And viscous – – how could you?!?!?!? Between you and nummy, I really wonder if you're bears or not.

Anyway, my portfolio remains 100% short and I am 142% committed (on a cash basis). This is the most short I have ever been, ever. One of the new shorts is IYR, which has broken yet another ascending trendline:

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I have decided to stay here at Starbucks through the close. Go get 'em bears!

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