Speaking of stupid, why on earth is AvalonBay Communities (AVB) up at all? It's currently trading at a staggering P/E of 101 on earnings of 1.32/share. The killer, though, is they are paying a quarterly dividend of .89/share. Think about that for a second... They are paying more out in dividends than they are earning.
Makes no sense at all. Their earnings report and conference call on 11/1 should be interesting.