Looks like a correction is knocking at the door. Time to back up the truck, or use it as a getaway car. Which will YOU be doing?
Sentiment: Strong Buy
Everything bounced higher after EX, so things were probably a little over priced.
And now you have a down market day to boot.
I'm not selling. If things get low enough, I will add to my positions via shares and probably pick up a few calls to flip.
Q1 across the board should look a bit better than Q4.
I don't think there is any immediate danger to mreits.
This is the correction.
I think the Bloomberg article from yesterday,
"REITs Trigger Fed Warning as Kain Tops $100 Billion", has TERRIFIED mREIT investors. What do you think?