http://stockcharts.com/h-sc/ui?s=SFI&p=D&yr=0&mn=6&dy=0&id=p85878528315unless trend line support in the low $5s holds a retest of the $4.50 low seems inevitable. ehhh what's another 17% drop from todays close. LOL
crossover took place today.http://stockcharts.com/h-sc/ui?s=SFI&p=D&yr=0&mn=3&dy=0&id=p77592576624the stock closed at trend line support. http://finviz.com/quote.ashx?t=sfianother bad day for the market and this thing will be revisiting the $4.50 low. LOL
Hope you are right, I will continue to buy both the common and preferred. I believe we will see a dividend in 2012 4th qtr.
I love chart talk so let me translate: Unless SFI goes up, it goes down... So now you know! You can thank me later... Actually, I sure haven't got a track record to fall back on this year not relying on charts, so don't go by me...Frustration rules!
Bearish MACD for the WOrld Economy is the real story!