No. of Recommendations: 0
This commentator on RealMoney posted an extremely bearish article on REITs today. Screening 9 REITs using his "proprietary indicators," he found GGP approximately 140% overvalued and SPG about 50% overvalued. The other seven were equally overvalued. He says sell, sell, sell.

Since he is an avowed technician, I wonder why he's making judgments about value. In any case, I generally find his commentary impenetrable.

I just bring this up because quotes and links to his commentary are turning up on numerous Yahoo boards.

(By the way, I find some of the RealMoney commentators quite good -- Bob Marcin for example, and Christopher Edmonds.)

bear9
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