Wednesday, November 04, 2009

UNCLEAR

The wave patterns of the US REIT market from the Sep 23 high remain unclear. Other markets are displaying clearer patterns with A-REITs impulsing lower along with UK REITs.

 

Give or take another day or 2 of jacking around, my sense is that we are going to THRUST lower shortly. I am hoping this to be the case or it could mean a more extended rally is still ahead.

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