stuck in a rut, page-3

Trading in a tight range today with light volumne and vwap exactly in the middle of the buy/sell prices. Also buyer volume almost up to seller volume. IMO there is pressure upwards especially in light of substitute stocks prices. On the other the early share issues enter the market in a couple of days, so still the expectation of picking up more bargains assuming some holders short their acquisitions. Taking a longer term perspective, once the issues have come and gone, I'm expecting a quick movement to 20cps after which more fundamental issues should come into play. If the US earnings are positive, might be more movement up of other REITS, although doubt this will influence VPG as much at this stage due to rights issues. However would mean any movement upward at the end of the month may be more rapid than expected. Two more weeks will tell all.