The triple-bullish real estate fund symbol DRN has had its share of volatility the past couple of years. To my eyes, real estate has been one sector clearly entering a bear market. The big question at this point is whether the consolidation we’ve been in the past few weeks is preceding a recovery bounce or a new leg down.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
A Bounce, Not an Opportunity
Yeah, yeah. Big reversal. Particularly in real estate. But this is going to exhaust itself soon enough.
Short Boston Properties
This is an awfully pretty broken symmetric triangle, and it’s bounced right up into resistance. (Note: I did this post yesterday but didn’t publish it; suffice it to say the most prominent sector among my shorts is real estate):
Brookdale Breakdown
One of the shorts I’ve been mentioning a while finally had an honest-to-goodness breakdown. It has lost more than one-fifth of its already battered value. Judging by history, it could have plenty further to fall: Brookdale Senior Living. I’m hanging on.
