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Baltic Exchange Dry Index is Carshing.

 
Anonymous Coward
User ID: 22240034
United States
08/21/2012 09:49 AM
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Baltic Exchange Dry Index is Carshing.
Down to 714. Close to the low of 2008. The economy is completely locked up. No money moving anywhere. This could be it.
Anonymous Coward
User ID: 22347753
Brazil
08/21/2012 09:51 AM
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Re: Baltic Exchange Dry Index is Carshing.
Will it go bellow 666 again?

It did it earlier in 2012.
Anonymous Coward
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08/21/2012 09:51 AM
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Re: Baltic Exchange Dry Index is Carshing.
Down to 714. Close to the low of 2008. The economy is completely locked up. No money moving anywhere. This could be it.
 Quoting: Anonymous Coward 22240034


Baltic Dry Index was about 650 or so during worst of 2008 crisis.

I predict BDI at 300 by end of November.
Anonymous Coward
User ID: 1382145
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08/21/2012 05:07 PM
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Re: Baltic Exchange Dry Index is Carshing.
Not to nitpick, but the BDI was at 647 in Febuary of this year, which was the all time low. 663 was the low in 2008. Not that it matters much, sucks either way.





GLP