Yep we are range bound, and the longer we stay rangebound the greater the move will be out of this range. With all that is on the horizon with SXY you would image to the upside... just did a quick check across BPT, COE, WPL, STO and OSH and a 6 month performance. Was actually surprised to see us leading the pack with 28%...was actually 40% in early Dec. We started to outperform in Sept. But has certainly has not felt like it the last few weeks. These things go in waves and in my opinion we are consolidating for the next move. I would not read that much into ID sell down, pretty much the whole senior management team has been buying on market around this region and some decent parcels at that.
SXY Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
