Good Monday,
Although we’re happy to see today's blip up in equity prices, we don’t believe the market will close up for the week.
The largest NY Manhattan office REIT, SLG Realty Corp (SLG) reports after market today and is whispered to beat the estimate by 2 pennies, so $1.34 is what to look for. Even so, we don’t see any positive forward-looking talk from the executives on the conference call, which takes place Tuesday, at 2:00ET:
http://biz.yahoo.com/cc/2/99932.html
Also, Exxon Mobile Corp. (XOM) reports Friday before market open, and we...
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2 comments:
I hope you are right, I'm long SRS and starting to feel some pressure today.
We remind you to definitely use some kind of sell stop limits. Please incorporate them into your 2009 trading repertoire. Markets will be around next Friday and next month and next year, so never fall in love with a looser of more than 15%; Commandment #3.
POTC
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