Major Metro Housing UMM and DMM to Trade Tomorrow

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Just got word from MacroMarkets that the Major Metro Housing UMM and DMM will begin trading on the NYSE tomorrow (Tuesday the 29th).

It is about time, I was wondering if it would ever start trading. Just in time as a new Case-Shiller Housing Index comes out tomorrow morning.

I will try to take a look after UMM and DMM start trading to assess where they are relative to fair value. Here are some links to my previous MacroMarkets UMM and DMM posts:

New Housing MacroShares UMM and DMM ETF's
How to Hedge Your House with MacroShares DMM & UMM
Options on MacroShares UMM and DMM?

And then here is an index page to all of my Case-Shiller/Housing price posts:
http://www.cavemanforecaster.com/2009/05/housing-prices-case-shiller-umm-dmm.html

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