% | $
Quotes you view appear here for quick access.

iShares Cohen & Steers REIT Message Board

  • theeseer theeseer Jan 19, 2008 4:26 PM Flag

    IBD is dreaming

    Recession is here get used to it. Reits with shopping malls will experience vacancy increases through the year as consumers stop spending and stores close. Credit failures with Las Vegas Builders are just the beginning. Notice they say "if there is no recession" what planet are they on? The NEBR has long ago junked the old definition of recession in favor of general decline over months. By next month we will have seen declines for two months plus. Inflation spiking, energy spiking, savings zero and happy talk by TV talking heads designed to allow the hedgies to unload. You think a one time "car payment" to consumers is going to turn this ship around? Get serious. Short the market and REITS until at least dow 11000.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Good timing on the 11,000...we almost got there a couple of weeks ago and tried to retest it a couple of days ago. I think we are leaving the worst behind us.

    • It's the same in every bubble. 'Experts' will talk the market up all the way through it's fall. When IBD starts publishing stories about getting out of REITS, after nerve jarring capitulation event, that might qualify as a buy signal, not feel-good stories totally contrary to reality. Follow the money, go with the charts.

100.67+0.13(+0.13%)Oct 24 8:00 PMEDT