REITS

Last night I mentioned REITS were in favor (temporarily) through sector rotation. From a preliminary look this morning, many of the REITS I listed seem to have perhaps topped out here. In other words, they are definitely worth watching today as a phased in entry into these may provide very good positioning today. It's still early and I'd continue to watch for signs of deterioration (that their bounce is over) as I will and update you. If you want to take a look at any of the ideas for yourself, here's the list:

SNH, BRE, CLP, MAC, GGP, SLG, SPG, EQY, PSB, LSE