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Strategies & Market Trends : IPPs and Merchant Energy Co.s

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To: energyplay who wrote (2047)5/6/2003 10:36:30 PM
From: Broken_Clock  Read Replies (2) of 3358
 
I'm somewhat familiar with NLY having looked at the reits some time ago. Generally, I am bearish on real estate, mainly because that's my business and I think we're in a bubble in most areas of the US. I don't have a solid understanding of the derivative hedges that these mortgage reits specialize in therefore to me the risk is substantial(derivative mine approaching?). Now a Canroy seems much simpler. Sell NG, pay sky high divvies.
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