All REITS which surged in last few days suddenly got sold down.
Is it because,
1. Bank stress test
2. GPT raising capital
3. Profit taking
or something else.
I don't expect this was P&D. I expect 0.09 is support for now. US futures looking green with comments on bank health by Geithner and lower jobless claim.
A$ is climbing, it is now 0.76
I think we will see teens 2morrow.