TSX:AX.PR.E - Post by User
Post by
garyreinson Dec 15, 2024 9:25pm
71 Views
Post# 36363497
RIPE FOR A MONSTER RALLY!!!!!!!!!!!!!!!!!!!!!!
RIPE FOR A MONSTER RALLY!!!!!!!!!!!!!!!!!!!!!!VNQ has a $93ish-99 trading range since August and its nicely at $93.85....
Most CAD reits like Artis/ PRV/BTB have done a 50% retracement from the big summer rally
Tax loss sellers (if its actually that), like DIR, NWH, D.UN, HR have been hosed to May/June low levels
What Im basically saying is the monster pullback has commenced, so presumably safter to buy now then anytime during the past few months
10-20% on recouping the lost ground and more if the "trend" of reits is actually still up
THE US10 YR YIELD IS KILLING US!!!!!!!!!!!!!!!