This was a Top.. Now wait for 74-70 if u really see Aus Housing gaining traction anytime soon. People have short term memory hence they forget easily that REA was riding the massive housing boom of a lifetime which is unwinding pretty fast. I wudnt forget that REA was trading at 45 less than 2 years ago ( in this time houses are back to almost zip returns). will take some profits at 78 and re enter shorts above 83
This was a Top.. Now wait for 74-70 if u really see Aus Housing...
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