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BDI (shipping index) doom cancelled

 
TimOsman
User ID: 527834
United Kingdom
02/17/2009 03:41 AM
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BDI (shipping index) doom cancelled
Shipping of the junk in Wal-Mart - The Baltic Exchange Dry Index (BDI)- third graph down (Jan 09 - Jan 09) is the easiest to understand. Doom cancelled, no need to stock up on food! The BDI figure has doubled! Back to about 20% of what it was last summer!

Doom Cancelled

"A leader is a dealer in hope" - Napoleon Bonaparte
TimOsman (OP)
User ID: 527834
United Kingdom
02/17/2009 03:43 AM
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Re: BDI (shipping index) doom cancelled
Forgot the linky:

[link to www.investmenttools.com]

Third graph down year (Jan 2008 - 2009)
floydian slip nnli

User ID: 335173
United States
02/17/2009 03:44 AM
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Re: BDI (shipping index) doom cancelled
maybe the BDI has not reacted to the pins on glp yet?
Anonymous Coward
User ID: 616435
United States
02/17/2009 03:47 AM
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Re: BDI (shipping index) doom cancelled
BDI, SCHMIDI. We're still screwed.
hiding
Anonymous Coward
User ID: 566027
Netherlands
02/17/2009 03:59 AM
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Re: BDI (shipping index) doom cancelled
That is a correction, which BTW, looks over... time for new lows?
Anonymous Coward
User ID: 611699
United States
02/17/2009 04:00 AM
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Re: BDI (shipping index) doom cancelled
a correction only before the next dive, unfortuatley
TimOsman (OP)
User ID: 527834
United Kingdom
02/17/2009 06:04 AM
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Re: BDI (shipping index) doom cancelled
This is a glimmer of light in the midst of the dark. Stuff is beginning to be shipped around the world again. The holy shrine of Wall-Mart will again have bountiful offerings for it's worshippers! I breathe a small sigh of relief, and so should all those thinking of taking to the hills.

[link to www.investmenttools.com]

And if the blind lead the blind, both shall fall into the ditch. - Bible, Matthew xv. 14.





GLP