My Investing Notebook :: Useful notes on investing. ::

In the July 20th issue of Fortune, there is an interesting article on Case and Shiller. Mr. Shiller recently launched two products that “let investors make a pure directional bet on home prices.”

If you expect home prices to rise, buy Up Metro Market ( (UMM)), if you expect it to go down, buy Down Metro Market ( (DMM)).

I’m interested in seeing how it performs.