Boo TREA!
While I think I calculated that there's an average of 2.5 "bad surprises" per month (i.e., where REITs go up and TREA goes down) that's obviously a /very/ bad surprise . . . still, the thing does have REIT's in it so perhaps today's the day they snuck in that 70% write off for the building in San Francisco they're claiming on their taxes : ) There's certainly no rule I know of that says they can't do something like that if they want . . .
All best,
Pete