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Successful Shorts in Shipping – Ship Happens

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

A couple of my more successful short positions this week have been in the shipping sector. Below are Federal Express and United Parcel Service:

Which have helped contribute to the failed bullish breakout of the Transports:

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