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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 (531)12/15/1997 8:37:00 PM
From: George T. March  Read Replies (1) of 2561
 
Hi Richard, JDN tested the 30 area again and now looks like it's ready to move hihger. CLP looks interestingly higher and maybe has 4 to 5 points in it. FAC had it's shareholder meeting today a vote on the purchase of strip stores and recast of company. More important, the stock closed the gap at 7 1/2. It's possible that the tax selling may hold it down the rest of this month. We'll see. OAS made a bottom today at 22, but I may sell it if it doesn't get going. What's your take on the weakness in RA? I would like to buy the low. SIZ looks great with the next resistance at 11 7/8. UDR and WRE could use some
geritol! My short term cycle which turned up late last week may be able to get this market purring again. My boat is loaded except for maybe getting some RA. SEA interesting at these prices.
Regards...George
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