1375 seems to be protected level, a healthy sustained break of that level i think we will need for the next push down to come if it does.
At least 2 years til we see those days nearly return and there will be less companies in the industry by then in my opinion.
It was overbought, shipping got way ahead of itself.
I have been watching these shippers as well, waiting for the day when they are a buy again but I think you may be premature. The BDI has bounced...
Why call a top? First off, Dow means nothing but if we are talking it, it tests 13k a couple times before breaking through it. S&P means much...
http://au.ibtimes.com/articles/297442/20120213/lng-natural-gas-japan-indonesia.htm I wouldn't dare try calling a bottom on natty being that I...
thanks for that article Tsing Tao, good reading and describes well what we are seeing right now.
2nd this, negative news exhausted. Everything will be ok until Prez gets re-elected.
Very profound, we haven't heard this statement before. Appreciate the heads up.
I have been watching the BDI as well and watching DRYS along with it. The market has shrugged off the massive fall of the BDI, the stock hasn't...
How long ago did this feel "toppy" that could have been said for the last hundreds of dollars of move.
Buffet always wins. Dont let the "awww shucks" act fool you, that dude is a shark. BAC 7.20 premarket.
Good call so far.
This broke out and is detaching from other Fins, anyone see any catalysts or just short covering?
So far so good.
In the spirit of fading what CNBC is always pumping I have decided that the risk/reward is in my favor to put on a small short of one of the big...
Goldman never loses, they aren't the best anymore but they will always find a way to make profits. This isn't a stock to bet against because...
I agree with you, had some higher levels of pain been taken several years ago we would have flushed some of these bad debts away already. Instead...
Yea, because if Obama lets the biggest bank in the US with half of Americans money invested in it go under that should really make everything ok...
Thanks Rosy, appreciate it.
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