Saturday, February 13, 2016

[BDI] update

The backlink did not have a model so here it is.  Red 2 and 4 alternate nicely and this appears to be flattenening out.  Again, the dry bulkers have gotten destroyed and so any improvement in their day rates will seriously boost the share prices.  




I certainly do not expect a return to the Ponzi highs any time soon as this has become a classic mania chart but it is currently below 300 and any kind of bounce that smells like it could be associated with inflation is going to move this needle quickly.

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