Trading in a band.
All news likely to be bad (greece, china) - even if good.
Likely to fall below 6450, then recover rapidly.
Idea fails on rise above 6690
UTG rents rooms it owns to students. Recently raised more capital and bought more rooms. Property prices are rising in UK. Next valuation will be published ~1/7/15.
Admittedly trading at a premium to NAV - possibly the reason it has been going sideways for a few months.
Expect something to happen ~1/7
Historially, 'santa rally' due about now.
Market fairly valued on a dividend DCF basis.
So expect small rise now - new years eve.
Chart indicates increasing 'compression' so expect volatility in early '14
