Friday, May 18, 2007

Reit Index rolling over...? / Chart

read some reit stories under the label and you know why the chart is suggesting trouble.......

lest am besten noch einige reit post unter dem label um zu erahnen warum der chart nichts gutes vorhersagt.....

Overall, the US real estate market has been struggling and investors are concerned. For some perspective, today's chart illustrates the current trend of the Dow Jones Wilshire REIT Index. While REITs have been trending up for several years, REITs are down over 14% since reaching their peak in early February of this year. As today's chart illustrates, REITs are now seriously challenging support (green line) of a long-term uptrend. Stay tuned...

disclosure: short reit index

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