Realty Income Corp (O)

[Guitarmanlife]

I'm a little bit of both Retail! More or less I'm a hobbyist Technical chart reader, with studies in economics and speculations of all markets(but mostly metals and pharma). This year I've been getting into real estate both in FL and investments such as watching O. Not touting to scare anyone off, but sharing what I see with the board I like to stir up conversation to see if everyone is on the same page I guess.

By my bet though anything under $55 between now and dec is a good buy with a chance of (if fear during when most knewbs choose to take losses for tax, coupled with) the Fed increasing the Tax rate. This, I figured before I found a more prof Analysist paper (that i think was shared on this board) on em and current reported earnings suggest a more negative market trend. This and looking at option data, some are leaning on a $42ish is a worst case low before recouping. Other "predictions sites" are agreeing with a stay in cash, hold, and or sell position, until that changes I'm bearish on O and prior to Dec plan on adding(cause I'm bull in the long), because yes I agree with the long positions of monthly divs, the fact that while history doesn't dictate the future, well it at least adds confidence thru good and hard times!