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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: Richard Barron who wrote (1503)9/16/1999 5:12:00 PM
From: gregor  Read Replies (2) of 2561
 
>>>>REITs hit oversold on the daily charts yesterdayfor ^RMS.
Looks like they are ready to make a short term ride up. Hope it is strong and long!!!<<<

Just an opinion, but I feel we go lower, into more oversold territory, into the third rate increase on Oct 5th. The ^RMS is still putting up too valiant a fight; but I think we need some capitulation, which I do not see yet......JMO.

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