Recent content by REIT Master

I've been trading/scalping almost exclusively in IYR/SRS the past year and have had great success. The key is to watch and be on top of the news of the major components and also follow XLF as it tends to lead/confirm a breakout. Starting to watch the QQQQ's but haven't been able to get a...

PLD was really oversold, but could go either way long-term. CBL is a major BK risk and one I would trade only from the short side. Have seen many great trading opportunities in REITs, but you have to be nimble or you can get your face ripped off. But seems you're right on top of it.

in default of its credit facility. Any company with major BK or financing risk can go below $1 in a heartbeat. Wouln't fade you 1R, but this is way too risky for me.

well, I was out in Vegas last week and blew about $1,000 at the Olympic Garden, about the same as I do every year. She should go to work there instead, Rick's sucks.

yawn

thank you republicans!!!

Well said. As a customer, I applaud IB's actions and feel more comfortable with them than anybody.

best alternative to financials. Up 11% yesterday, probably up another 5% on the open. SHORT 'EM!!!

the UK ban is for creating or adding to positions. It does not require covering existing positions. Further, it is only for bank stocks. The US would probably do the same.

my pnl is correct, but trades on a certain stock are not going through. I'm trying to hit the bid, but nothing's happening. Also have an option trade that is not hitting the market.

here's my advice: get the new Metallica cd, go to track 3 "Broken, Beat & Scarred" and crank it up. If that doesn't pump you up, nothing will. "You Rise You Fall Your Down Then You Rise Again What Don’t Kill You Will Make You More Strong Through Black Days Through Black Nights...

There's a risk that MER will end up in BK before BAC can close on the deal. If I owned MER, I would've sold it.

LEH has heavy employee ownership. Hard to see them selling for $1. Otherwise, wouldn't they rather just take their chances in BK if they had to (while stalling for as much time as they could)?. Something like $5 would make sense to me (I'm short Sept 2.50 puts, so I'm betting it's something...

"This is the end Beautiful friend This is the end My only friend, the end Of our elaborate plans, the end Of everything that stands, the end No safety or surprise, the end Ill never look into your eyes...again" The Doors