Alix-Pimodan

Still Bearish on VNQ

Kort
AMEX:VNQ   Vanguard Real Estate ETF
I recently published an idea on this very instrument calling for a reversal to the downside which ended up going the other way. I remain bearish on this index and the real-estate index, in the US and abroad. I do think they are a great investment to have (actually purchased a bit as part of my usual dollar-cost averaging and asset allocation model), but, this will eventually go down back to the mean, and then will be a good/better opportunity to buy in.
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