All those eyes (mine included) waiting for the fund to take off again, keep pulling money out when good news is heard. And we pull it out fast. Then of course, stops are triggered and the fund drops further. When trading bear market ETF’s, we don’t like good news (but you can short the fund!).

Wait for some bad news, then watch SRS sky rocket fast . . .

Again,
Good Luck

First, although this ETF tracks an index, it has a life of it’s own. And it only attempts to track an index at twice the inverse, nothing more.

Second, with high’s six times what they are now only a month or so ago, there are a lot of eyes on this fund. And all of those eyes are waiting for it to take off again, at which time they will jump on for a wild ride, hoping to double, triple, or make whatever they can on it.

Third, REIT’s often act different because they are different. Among other things, they receive tax advantages that other equities don’t.

Fourth, you will notice on the day the Fed lowered it’s rate to ~zero, SRS dropped dramatically. Apparently, “investors” figured this would give the commercial real estate market a potential helping hand should the need arise to refinance.

Generally SRS moves opposite the DJ Index. That being said, wait till the end of January and early February, when all the earnings reports come out and the Dow has some big down days. I’ll bet you see some big up days for SRS!

In the mean time, there are some big opportunities on a daily basis with this ETF. Providing you have a live feed for quotes and charting, and have the time for (and don’t mind) day trading.

Good Luck