dimpledbrain

The conceptual framework for a man's search for meaning

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REITS

February 12th, 2020 by dimpledbrain

  1. We left our discussion somewhere around the highlighted yellow bar
  2. I said that I expect it to go down to ~950 than to shoot up to ~980
  3. Depending on your timeframe and how you looked at it, it actually went up to ~980 (albeit for 1 -2 days) for one last time before diving to the low of ~940
  4. I still expect this to go down in the medium term (1-3 months)
  5. BNM made a statement today that they have ample room to adjust interest rates (and that’s the reason, in hindsight, why the chart went up 5 days ago)
  6. You can always see it first on the chart, the news will follow

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