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Strategies & Market Trends : Surfin' the trend

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To: waverider who wrote (29)	10/8/2002 12:20:30 PM
From: zonder	of 37

Thanks re JPM :) Dunno about REITS. I think the market will go down on the housing end, not the commercial end, and REITS could be exposed to both. To be honest, I don't know REITS and it seems too much work to try and find out which has what. I am shorting a collection of homebuilders and mortgage lenders. No favourites yet. It's a rather long term thing, I feel, because the market has not yet started to go down. I like shorting the UK real-estate market a little better these days. There's no Fannie Mae and Freddie Mae there to distort the market. When they go down, it will be with a bang :)

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