REITS - Buying 1 - 2 weeks before going ex-dividend Message Board

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

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To: Lee Bush who wrote (2270)	3/19/2002 1:13:03 PM
From: Richard Barron	Read Replies (1) of 2561

Lee, This really isn't a REIT question. It's a momentum question and I usually find "Don't fight the tape" to be useful. Until the REITs stop making highs for 6-8 weeks in a row, or drop below the trendline connecting the lows, or you are a good chart reader, I would be content to ride the wave. Jim, Same thing for GL. As long as REITs are running, I would hold after the dividend until you have a better trade. I don't know if GL usually pulls back after the dividend, but it is attractive to yield chasers.

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