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


To: Wren who wrote (1892)7/1/2000 1:31:34 PM
From: Lee Bush  Read Replies (1) | Respond to of 2561
 
Wren: I don't know what other issues show but the UDR chart showed a pattern that was stable until mid-day when the heavy selling began. I think this indicates that the 17,000 page report of REITs was hastily read and several large funds decided that REITs were anathema and bailed. This pattern did not seem to parallel your scenario of a planned liquidation, it seemed more of a panic run for the doors routine. I'm just judging this from one issue, so that may not be the case with others. Awfully quiet around here???
Lee