Shorting Real Estate - SRS

There are a lot of lines in the sand out there in terms of prices pushing against areas of resistance.  Real estate, like the rest of the equity market, has enjoyed a tremendous rally since last March.  If you look at the real estate ETF IYR, you will see that it is showing weakness.  A reasonable expectation here is that it will turn lower for a while.

With this expectation in mind, a great tool to short real estate is the triple inverse ETF SRS.  I just bought 1250 shares at $7.93 with a stop at 7.20.