quantguy
Long

URE Long (on retracement)

AMEX:URE   PROSHARES ULTRA REAL ESTATE
5 0 2
Very strong buying pressure (via the OBV). Fundamentals for Real Estate are strong for the first time since the bubble. Note that the MACD/RSI suggest that its becoming overbought, so it may be of benefit to wait for a brief retracement before entering a long position.

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quantguy
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