Looking at the IYR

One day into the first 2010 week, and although so far wrong on the broad market 1/5 into the week, have been on the right side of the trade. (sector) SRS was another gimme trade on its gapdown...see comments on link for rationale. 

http://erikmarketview.blogspot.com/2009/12/tightroap-walking-week.html

Notes on IYR charts, fwiw

Disclosure: Long SRS @7.31
 (target IYR 44.20-take majority profits, stops moved to break even)