Reits... Time To Take The Profits

On December 26th I commented why I thought the reits were a buy. Since then they have gone up rather nicely. If you bought them, this would be a good time to take profits. The reit index (DJR) is at the top of a channel and rallied about 30 points which is similar to the previous rally so this seems like a good spot to start scaling out into this up move.