whatever they sold both stocks got sold again today, obviously retail conditions are expected to weaken.
Funny how interest rates are at all time lows yet property trusts are not trading higher, I was taught when %rates are low property trusts usually do well, and when %rates are up property trusts are down. looks like this time %rates are down and property trusts are also not doing very well.
WDC is trading at its yearly low. WRT is $3.01 from lows of $2.87 another one im interested in added to is DXS, it looks very attractive at $1.02 levels.
I would buy WDC if it dropped to around $8.50, if it drops below $10 there is not much support on the charts that worries me taking a position in.
WDC Price at posting:
$10.18 Sentiment: ST Sell Disclosure: Not Held