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


To: James Kibler who wrote (1940)9/19/2000 8:24:21 PM
From: Richard Barron  Read Replies (1) | Respond to of 2561
 
Jim,
It looks like REITs are trying to put in a trading range near here. I can't tell yet if they are going to hold, since the ^RMS index is trading in the opposite direction of the NASDAQ until the last 2 days. I have recently added TEE, HIW, GLB, MHX and should have got PP, SUS and RA, but I was too slow this morning. I am only looking for 1/2 of a point on TEE.
HMT raised it's dividend today and may get a bump. It still has an admirable dividend/FFO ratio. GLB PRA is going ex dividend in a day. Anything near 17-1/2 tomorrow is a buy for me.