Sean’s Rant

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Archive for the ‘srs’ tag

Housing Bubble: The sequel

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We’ll be seeing another short lived housing bubble from the further government sponsorship of homeownership.

Isn’t it enough that the government already gives a tax benefit to homeowners by giving deductions for home interest and property taxes, and essentially opening the deductions door to this group? (I am part of this group for this exact reason).

I’m still here. There just hasn’t been a lot to say lately.

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Yes I’m still here. I have held off from making any projections because the market has gotten weird. The trading volume is low, the market isn’t really reacting to data, but in the mean time I did make a great trade on USO. I was early on this trade but right on when I jumped in for more when it dropped down more. I am still waiting for my SRS to play out. 

Written by Sean

December 31st, 2008 at 6:13 pm

Letter to Jim Cramer

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Jim, 

Boooooooyaaaahhhh from Omaha, NE!

I am curious about your recent rant on the Ultrashort ETFs manipulating the market, and your woes about this.

Written by Sean

December 11th, 2008 at 10:22 pm