Double top with HUGE reversal candle off the weaker top....
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REITs
Started by
K Wave
, Jun 12 2014 09:41 AM
2 replies to this topic
#1
Posted 12 June 2014 - 09:41 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2
Posted 12 June 2014 - 09:44 AM
Interesting post kwave. Noticed the weakness in mreits too. Wonder if it's interest rate/possible inflation related or something else.
#3
Posted 12 June 2014 - 10:31 AM
REITS are fine for now...the A/D line is at all time highs.
Pullbacks will provide buying opportunities.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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