personally, i am praying to the god of ale and good cognac.
what indeed!?! yes, perhaps there are those who remembered reit tax status. on the other hand, i suspect that there are also those who slept a few nights and discovered that they still wanted dividends, even if they may need to pay a little more in taxes.
kind of funny .... when the markets swoon or rocket, many people attribute it to institutional buying/selling, saying that individual investors cannot move the markets so much. so ... here's my question - if the dips in reits and bdc's were driven by institutions, what does that say about their tax knowledge and decision-making performance capability.
It says the insiders, meaning hedge funds, high speed computer traders, etc, still know how to take the retail traders money. They short the stocks and make money on the way down and cover at the bottom and make money on the way up. Admit it, unless you can parallel these moves you will end up on the short end of most market moves like we are seeing.