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Ship Finance International Limited Message Board

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  • marklibera marklibera May 24, 2012 1:06 AM Flag

    MORE TUNE UPS....!!!

    stagg, the S&P bounced off of the 1280 intraday level before its latest rebound. The question is whether it will retake 1320 or retest 1280 and break below. I read one article on minyanville saying that the low 1200's was the next level. I am still holding waiting for better entry levels. We really haven't had a big down day that washes out all of the stop loss orders and gets shorts to finally cover. That's not a good sign. And then of course there is Greece and Spain. Spain just "found" $38 billion more in debt.

    Bummer about MTGE doing their spo now. I was hoping the price would get over $24 so I could sell and they buy back after the spo. But I've said that mREITS raise money when they can, not when they have to, so I bet MTGE thought better to raise it now instead of later.

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17.15+0.11(+0.65%)Nov 26 4:01 PMEST

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