Only way to describe this market - leaps to the upside and cannot repeat cannot sell off. The REITS are trading lower - the strength this morning is coming from the dark matter stocks, AIG, FNM, FRE and C - what are they? and what do they still do? anyone? Fundamentals there mean nothing as its all day trading and flipping. My MPGpA is trading lower this morning - which is a bummer - I sold some last week when it was north of 2.6 - and am buying some back here at around 2.3 - but i have a core long in this and would love to see it regain its price of last week 2.75.
Im heavily short SPG right now and the broader REIT sector in general.
GS is weak and getting weaker - Im gonna make a prediction here - they will take themselves private at some point - to much focus on them.
Good luck today
JB
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment