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re: man all the reits I own are all at 52 week highs...
Posted on 1/24/13 at 9:02 am to BennyAndTheInkJets
Posted on 1/24/13 at 9:02 am to BennyAndTheInkJets
I mean don't you feel the market is due for a big correction,I know I feel that the market should not be booming now ha
1
Posted on 1/24/13 at 9:23 am to ThaBigFella
Won't have a big correction outside of unexpected news, huge NFP misses, or until the debt ceiling negotiations kick in late April-May. Fundamentals and markets always have some sort of divergence.
You'll have up and down days but I doubt you'll see a downtrend until any of the above factors. Housing will be insulated because there are several other factors in play, so I'd just enjoy the income. That will mitigate most price drops you'll see outside of some issue specific news.
You'll have up and down days but I doubt you'll see a downtrend until any of the above factors. Housing will be insulated because there are several other factors in play, so I'd just enjoy the income. That will mitigate most price drops you'll see outside of some issue specific news.
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