Real Estate. Real Hope.

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It’s about goddamned time.

What I am referring to is the real estate fund IYR and my massive short position thereof. An impatient person like me can take a 4 day rally on an option with 88 days left and torture himself over it, but still, I was getting seriously pissed off with this bugger. But it looks like maybe it is starting to behave As God Intended and as this analog asserts.

Here is the layered chart, with the red chart being recent price action and the blue chart representing the analogous past.

May God’s will be done, and blow this thing all to hell and back.