Monday, February 2, 2009

Time Sensitive Technical Trading Alert

Good Monday evening to all,
POTC noticed a substantially bullish bounce in REITS (real estate investment trusts) in the final hour of trading. Although you may not always beat the institutional money to the first move up, it should make you smile when you notice the initial bullish confirmation.
IF these moves and volumes are further confirmed Tuesday, you may have a very good trade through President Lincoln's Birthday (Feb 12th). Please study the price movements and impressive volume blip for BXP, VNO, and BPO; three REIT stalwarts that reacted on NO news:

Please consider either going long one of the above stocks or buying Call options IF they all exhibit similar behavior Tuesday. Buying Put options on SRS may make good sense here also. SRS is an ultrashort fund that closed down in a down market, another positive indicator that something may be brewing in the REIT world.
With credit to one of our forward-thinking readers Jason, we offer you this Barron's video interview of Mr. Martin Cohen of Cohen & Steers regarding REITs. The video link is on page 2 of the article and he argues the technicals to go long REITs makes sense. Since Martin has a lot of skin in this commercial r/e game, we ask you to take his advice with a grain of salt. We found his demeanor to be calm, gentlemenly, & honest:
Aristotle once said: "We are what we repeatedly do; excellence then is not an act but a habit." The Psychology of the Call team thanks you allowing us to be part of your research as you persevere to profit from your investing/trading.


Anonymous said...

The commercial real estate market is STILL in big trouble. I do get your point of technical rally though. Nothing goes straight down without movement/bounce. Barron's video was very good as well. Going long BXP if trend continues Tuesday.

Anonymous said...

What am I missing? I thought REITs were still lumbered with massive debt and other probs. Youre not making this trade based on the charts are you?