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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?


To: gregor who wrote (1530)9/28/1999 3:24:00 PM
From: George T. March  Respond to of 2561
 
Hi Gregor,
I agree that the turn around will be event driven which means that unless you are already positioned in the securities that you want to own, you will probably have to pay up. That's harder for me to do than to buy a position I know I want to own that is cheap. Granted it can get cheaper. But as long as it's near a bottom, I don't mind owning it and waiting for a turn around. I agree that it's far better to buy and be right, than to buy and watch them continue to go down. Nice trick if you can do it. Good luck. Thanks for sharing your views on the RMS. George