Starting to reestablish shorts on this rally
We are going to sell short VNQ at market, current price $86.41
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Update on our short position in the VNQ (Vanguard REIT ETF)
We have been short VNQ from lower prices, but we have stayed short as we felt like the rally was suspect. The sector has shown short-term relative weakness to the general market. So far the ETF is now looking much more bearish. The first chart is the daily chart. As you can see we are…
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