bear9

Playing the Market as Delinquencies Continue to Rise

Uh, Tipster, the critical phrase in your post is "if history repeats itself." You claim that your recommended course of action guarantees a winning hand. But any statement starting with the word "if" cannot end with a guarantee -- it is by definition contingent. Think about what you post.

UltraShort Real Estate ETF: The Only Safe Haven for Commercial REITs

Tl was overly polite, I think. Any REIT analysis that does not use FFO or AFFO (Adjusted Funds from Operations) is flawed from the start. GAAP earnings for REITs are fatally flawed as a metric because they are artificially depressed by the unique, and massive non-cash write-offs associated with depreciation on real estate. Unless you think that the Rockefeller Center is worth zero (all those years of depreciation!), I would suggest that you should use FFO. That simply adds back depreciation to GAAP earnings. A better measure is AFFO, which subtracts necessary cap-ex (i.e. REAL depreciation), but AFFO is hard to come by.

Bluntly, your article is worthless.