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Don't Be Fooled by Calls in AvalonBay
By
Jud Pyle CFA
12/24/08 - 10:01 AM EST
The REIT's call activity Tuesday may have appeared bullish, but it was nothing more than an arbitrage opportunity.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,337.05 | 1,095.94 | 2,183.73 | 34.23 |
Oil *
72.45
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UP
51.08
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UP
4.01
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UP
10.74
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UP
0.31
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SPDR Gold
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+0.49%
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+0.91%
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