baltic dry index rises sharply by 182 to 1498, page-16

Blythefan

Agree with your general arguements - plus commodity busts generally go for 3to 5 years - will however be numerous bear rallies in between - while all commonsense says the pric should be below $30 on fundamentals - short term chart of the daily prices shows a distinct channel which has been heading north since late October with higher highs and higher lows since - with one exception on each side of the channel both in November - sorry doing something wrong in trying to post a chart - but channel lines suggest if pattern continues $35 is plausible (if beyond fundamental comprehension)