George, I'm trading very fast and taking 2/3 off the table. I cleared out of 2/3 of my CLP not trying to get the last 3/4 point. I like MT, TEE and PAH a point below where they are at. I like KPA below 14-1/2. I'm very interested in SUI, but can feel some more selling pressure. I like ENN above 14-1/4. ARI, BDN, CPT, JPR, MRY, SMT and RPS are other ones within 1/2 of a potential bottom. EOP is a great company and is probably a good buy. I doubt if it will pull back below 29 for long.BED, BTR, EGP, MLS are all good if they drop another 1/2 to 1 point. I have been able to get 3-5 % in a week on many trades, but I'm not in it long term until CEI, HOT and a few leaders set new highs. PSA is up there, especially before a secondary. RSE will probably run on the paired share news.
Peter, I'd like to get RPS below 18-3/4. I bought TEE at 30-13/16 and then sold it yesterday at 31-3/8. Bought it back today at 30-15/16. MT outbid them and maybe that is why the stock fell back, but I still think they will grow FFO by 10% or more this year, in which case it is cheap below 31. Richard |