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Trading with the Shippers

Shipping stocks had a long run lower from their 2008 highs and have never really recovered. A bottoming process. This has many eyes on them looking oft that turn higher. With a false move off of the bottom in August many got steamed over. But they are trying again. Is this time for real or will they run out of steam?

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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