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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (17716)12/5/1999 6:29:00 PM
From: Sergio H  Read Replies (2) of 29382
 
Joe, REAL and MERCS have similar charts. 10 day/50 day moving avg. crossovers under the 200 day moving avg. REAL's chart test comes at 4, interestingly because that is both the 200 day moving avg. and the stock's book value. MERCS has sector support. The lumber and paper stocks have been quietly moving up of late. This is a significant development because normally this is the worst time of the year for this sector.

Lumber and paper chart:
timely.com

Sector components:
timely.com

The last stock that you mentioned, EQR, was favorably mentioned in Smart Money in Sept., however, the chart is not positive in my opinion. What's your take on EQR and in particular REITs?

Sergio
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