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Ship Finance International Limited Message Board

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  • marklibera marklibera Oct 7, 2011 11:35 AM Flag


    stagg, I'm sure Susan will return when SFL declines again, like today (down 2% as I type). Looks to me like SFL is trapped in a range between $14 and $12, but the downtrend still seems to be in place. $12 could mark the bottoming process, but that level did crack a few days ago, so I think SFL could still go lower, especially if the European situtation doesn't improve. The market got a huge bounce (the S&P was up 70 points in a very short period) without much positive news other than the Europeans are planning a plan. Probably now time for the market to give back some of those gains.

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