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cbwang888 (29.74)

REITs days are numbered if Geithner meant what he said

Recs

8

February 10, 2009 – Comments (4) | RELATED TICKERS: SRS , RWR , VNQ

 

Banks are swimming naked, especially commerical banks. There is no suspension of marking to market. Commerical REs will face strong headwinds.

Most knew that SRS long term performance sucks comparing to SKF, because of the nature of daily leveraging/deleveraging. They both reach $300 last Nov. However, this poppy can go up to $100 sooner than many would have thought for the next few days ...

Pop goes the weasel!

4 Comments – Post Your Own

#1) On February 10, 2009 at 4:17 PM, Tastylunch (99.54) wrote:

yar, unless obama and co panic if they see the market tanking.

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#2) On February 10, 2009 at 4:34 PM, anchak (99.74) wrote:

I think there's some chance of that - if there's one more disastrous day as this one

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#3) On February 10, 2009 at 6:18 PM, Kenaida22 (< 20) wrote:

I Actually made money today for the first time on negative day, thnks to cbwang888's rec on Ery.

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#4) On February 10, 2009 at 8:08 PM, cbwang888 (29.74) wrote:

Kenaida, we can all benefit from top fools. Stay humble and be defensive on this volatile market.

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