Hi dascore and friends,I used to think the Baltic index had...

Hi dascore and friends,

I used to think the Baltic index had something to do with the health of the markets but I've noticed it going down when the xjo went up in April; and it has been going up since the markets have been going down in May. Some of you technos might want to chart this, to check my observation.

My question is whether the Baltic index is a lead indicator of markets? Are we just seeing the effects of the April down turn now, and will the May upturn in the index lead to higher markets in June?