10-28-2013, 04:18 PM
(This post was last modified: 10-28-2013, 04:19 PM by hendi_alex.)
I bought shares of HCP and ARCP during the previous dump, and they very quickly rose over 10% then drifted a bit lower. I decided to capture my profit from the quick rebound. I still think that REITs and anything perceived as interest rate sensitive will take a huge hit when and if the Fed is ever able to move back toward a more normalized policy.
That said, it is looking more and more like the fed will feel that they have limited options wrt QE, at least for quite a period into the future. So I'll likely play the dips, but in the IRA accounts will generally be biased toward the short term trade, especially when the price gives a quick 8%-10% from entry.
I'm much more comfortable with a large allocation of opportunity cash now, as opposed to being anywhere close to fully deployed.
That said, it is looking more and more like the fed will feel that they have limited options wrt QE, at least for quite a period into the future. So I'll likely play the dips, but in the IRA accounts will generally be biased toward the short term trade, especially when the price gives a quick 8%-10% from entry.
I'm much more comfortable with a large allocation of opportunity cash now, as opposed to being anywhere close to fully deployed.
Alex