Replies to post #38367 on A.I.M. Users Bulletin Board (AIMUSERS)

[AIM1979]

What does everyone think of MORL, an LETN that in less than a month dropped 12.66%? It pays a bit over 17% and pays monthly. It trades rather thinly, mostly under ~400k share per day and since it was created has been up to 31.86 and down to 16.88 from a creation price of ~25.88 back on 10/17/2012.

Well, since this invests in REITs, I thought you might find this article interesting http://www.advisorperspectives.com/newsletters14/Has_an_Unavoidable_Decline_in_Home_Prices_Begun.php.

I think their is still too much tight credit. This might be interesting in another quarter or two when interest rates go up (maybe) and credit gets a little looser. Did you run this through an AIM simulator?

Hope this helps as this is IMHO

Art (AIM1979)

[Toofuzzy]

Anything related to mortgage reits will get wacked when interest rates increase.

Dont invest in this till interest rates peak.

Start an AIM program with zero in stock and delay any buying till a 13 / 30 moving average crossover (13 moving above 30)

Not always
Toofuzzy