Got a question for those who are playing with DRYS.
Are you following/using the BDI indexes?
Got a question for those who are playing with DRYS.
Are you following/using the BDI indexes?
It could go on a run....not impossible. Have you noticed how many people are visiting the forum now?? Lots.....it has really picked up in the last 4 days or so. If it goes on a run, be ready to bail if you can afford to then re-invest on the pullback.
Some people can do this, some people cannot.
Screw DRYS, lol, I was reading some on DRYS today and their ships won't even cover their debt. They are in serious trouble. On the contrary, EGLE may be one of my next moves...maybe tomorrow. check it out...if you need info, let me know and I will email it to you. It is a shipping company that is greatly undervalued.
Last edited by billhart22; 02-03-2009 at 12:15 AM.
Thanks, Bill, yeah you know me, everyone sees the same thing from a different angle.
Here is a link, one of many for the Baltic Dry Index for you if you want.
http://www.investmenttools.com/futur..._dry_index.htm
I am working on like 3 different things all at once tonight so I am out until later, have a good one everyone!!!
You are right, everyone does...Remember I was hot on DRYS a week ago?? Then everybody told me that everything went to crap with it...lol...after waiting all of that time to buy it. I was disappointed...HOWEVER...The Baltic Dry Index is up today. I don't know what to make of it, I am going to check your link out right now. Thank you.
What I can see, right off hand, it went up. I really don't know "that much" about that index. I understand the charts, but where I am in the dark is how these different companies combine in the index. That is what throws me off. If you can explain that, I would be greatly appreciative.
Last edited by billhart22; 02-03-2009 at 12:34 AM.
RTFM!! Just kidding Bill!! I am just getting around to learning a little about the BDI, it is interesting and would serve as a good reference/tool.
http://en.wikipedia.org/wiki/Baltic_...x#How_it_works
I bookmarked the page, looks like a lot of reading, but at first glance it makes sense. I will read it tomorrow. Thanks for the link. I hear about it all the time and just stand there and go..."Well....o.k.", but now I will make an effort to check it out. I will learn it.
A man can only know so many things,, haha
Bill
Looking at Siri Really doesn't matter if I pay .115 or .13 at my avg only makes about a .02 difference. I will either come up short or we will blow right by my avg in the high .50's and the .02 will be a moot point. I vote for the later. i sure hope siriusXMInverstor does not find this thread. What an overbearing idiot.
Checked out Tripps link STOX...rated siri a buy with bullish uptrend in one area..then neutral short term,,bearish near mid-term..any thoughts?