RE:RE:Longs....plug your noses For one; because this is the stock market and it's safer to be prepared for the worst case scenario.
Two: because this is CRE and they have a perfect record of under/never delivering on market sentiment or investor hopes.
I believe you've been here longer than I have Rinny (10 years) so you've seen it all come and go, but mostly go. I'm as hopeful as anyone here, but this is still a speculation play with zero guarantee and more evidence than not pointing towards a lower SP.
Being optimistic and realistic are two very different things with CRE.
Before I get attacked for being a "basher", I'll say I'm extremely hopeful and have a LOT to lose if the trend continues. I'm just hedging my bet here