Tuesday, December 29, 2009

Real Estate Blue Chip Holdings End of Year Update

Real Estate

Proshares Ultrashort Real Estate ETF Symbol: SRS

http://www.proshares.com/funds/srs.html

Rationale: This is short on the real estate market, in an ETF fund, and one of our best investments. www.bluechipoptions.com believes we still have a huge commercial real estate bubble ready to burst. Banks/insurance companies, and many investing companies are behind the great strip and commercial mall expansion during our “years of greed”. Tenants are already requesting “price adjustments” for their declining business, and we think it’s a big surprise for America when this one bursts. We often trade this as an option.

Guidance: We do not have a current position in SRS. Watching

Annaly Capital Management REIT Symbol: NLY

http://www.annaly.com/

Rationale: Annaly Capital Management, Inc.manages assets on behalf of institutional and individual investors worldwide. Annaly’s principal business objective is to generate net income for distribution to investors from our investment securities and from dividends we receive from our subsidiaries. Annaly has elected to be taxed as a real estate investment trust (REIT)

Guidance: Long-term subscribers with us bought NLY 11/23/04 at 9.60. It currently trades at 18.08. We have not taken second buys on NLY. It currently pays a dividend of .69% and has been a core investment REIT holding for many years. Do NOT buy at today’s prices.