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: Richard Barron who wrote (2473)	10/25/2003 12:22:46 PM
From: gregor	of 2561

Richard ...If the ^rms finds support at the 100 dma then we need to test 500 . If it finds support at the 200 dma then we need to see 475...It has fallen from 557 to 535 which is a 4% drop. Another 6% will take us to the 500 level, which will be a 10% correction. I see no problem with that only if it doesn't find support. Then what? Will Profit taking be a problem between now and year end. Looks like investors will be taking profit in anything they have to get the TLCF off the books..But then buying back after years end.....any way I see it I think we trend down to years end.....

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