the bulls are doing there thing SPUZ up 7.75 attacking those highs - boring allready. The REITS (sorry im harping) look and feel very tired -zzzzzzzzzzzzzzzzzzzz. Ill say it again watch em!!!
Ive scaled back into a short futures position but this time S&Ps not nasdaq, im averaged in around 1008.
GE is headed for negative territory as I write - I heard yesterday credit spreads widened out.
I went for a short term trade in BAC just now (ill let you guys guess which way)
The new issue preferred I went in for is trading at issue price - so no dough but no loss either.
Question for all of you - public storage places do they benefit from the foreclosure situation or get hurt?
JB
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