Comments on: More on slashed dividends http://www.shippingstocksblog.com/2009/04/more-on-slashed-dividends/ by Tim Plaehn Thu, 24 Dec 2009 12:46:15 +0000 hourly 1 By: SathingtonWilloughby http://www.shippingstocksblog.com/2009/04/more-on-slashed-dividends/comment-page-1/#comment-1023 SathingtonWilloughby Sun, 03 May 2009 19:22:10 +0000 http://www.shippingstocksblog.com/?p=315#comment-1023 I hope no one sold their SFL based on my previous comment, the signals were extremely weak at the time but now are growing stronger. The technical support proved 3/20 was reinforced by today's market action (5/1), so the likelihood of further gains has increased substantially. If the SFL maintains pricing support past a few days this week, there should be a substantial rally. I hope no one sold their SFL based on my previous comment, the signals were extremely weak at the time but now are growing stronger. The technical support proved 3/20 was reinforced by today’s market action (5/1), so the likelihood of further gains has increased substantially. If the SFL maintains pricing support past a few days this week, there should be a substantial rally.

]]> By: SathingtonWilloughby http://www.shippingstocksblog.com/2009/04/more-on-slashed-dividends/comment-page-1/#comment-713 SathingtonWilloughby Sat, 25 Apr 2009 03:42:32 +0000 http://www.shippingstocksblog.com/?p=315#comment-713 From a T/A perspective, SFL is looking weak both long and short term. I wouldn't go adding to positions at the moment, in fact the opposite if you are so inclined. Anyway, it's not a confirmed sell signal at this point and it could clear itself. I will return to provide an update for SFL entry/exit points when I have a clearer perspective, Monday will be a pivotal day from a short term perspective, and possibly before end of next week on a long term (1 week) perspective. Regards, From a T/A perspective, SFL is looking weak both long and short term. I wouldn’t go adding to positions at the moment, in fact the opposite if you are so inclined.

Anyway, it’s not a confirmed sell signal at this point and it could clear itself. I will return to provide an update for SFL entry/exit points when I have a clearer perspective, Monday will be a pivotal day from a short term perspective, and possibly before end of next week on a long term (1 week) perspective.

Regards,

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