Monday, May 11, 2009

Public storage

If your going to play PSA on the long side keep a stop about a $ 1.00 below the 50 day ema.


Let me add that I have no idea which way this will trade going forward but as people continue to get evicted they may try to save some of their property at least temporarily by storing it at a storage facility, but the flip side is some others may be no longer able to pay their storage bills and let their property go to auction, Tough Call here.

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