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

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To: James Kibler who wrote (2285)4/18/2002 11:36:52 AM
From: Lee Bush  Read Replies (1) of 2561
 
It seems REITS are tracking interest rate sentiment in my opinion. Today, people have concluded that rates will remain low for a longer time than anticipated day before yesterday and the group bounced right back. Also, a lot of financials hit the wire this morning. Some impressive gains in income by PEI and SKT. InnKeepers of America (KPA)income doubled! Also PLD shows a gain.
Any feelings on these?
Thanks,
Lee
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