Post by
SNAKEYBOY on Oct 11, 2022 10:39am
PLEASE GOD MAKE IT STOP.
Ever since JacksonHole speech REITS have been in free fall. The fed has big short positions. This crash is getting close to being on par with SARS 2 COVID CRASH!!
Comment by
JMOttawa on Oct 11, 2022 12:00pm
Same here. It really hurts.!!
Comment by
JMOttawa on Oct 11, 2022 12:28pm
The good news it that they can't go much lower. At these levels, Canadian REIT's are practically being given away ;). They will recover one day.... and go on to new highs..!!
Comment by
SNAKEYBOY on Oct 11, 2022 2:45pm
100% they will rebound to their highs, I know how this market works though, they want to push people like us to the brink and get as many sellers for pennies as they can. Once everyone and their uncle capitulates you'll see 1 year monster rally from the lows