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: Paxb2u who wrote (2394)	2/28/2003 4:02:23 PM
From: bob wallace	Read Replies (1) of 2561

well, you hit the nail on the head. IF you beleive that we are recovering, then you have to believe that junk is going to do great. believe me, I see your pain over the last couple of years, but from what I read, junk and junk defaults bottomed in November "02. for myself, I do believe that that the economy is expanding at about a 2.5% to 3% rate - I believe the problem with most stocks is that they are still being priced at much higher growth rates, courtesy of the bubble... for the past two or three days everything I own has been moving up - I still expect a big decline in the market sometime, and I believe that these funds will be hurt along with everything else - if/when that occurs I will be buying more.. Bob

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