weekend charting, page-47

  1. 2,829 Posts.
    dharry,

    http://www.dryships.com/pages/report.asp

    this one might be a better link for you. As I have said, I dont have the raw data, but all the shipping indices are rising off a very low base. The fundies report that this is mostly coming off a current restocking drive, which is nearing completion globally. They expect are downturn before stabilising next year.

    My trading time frame is much shorter than the BDI can help me with. I think it is a leading indicator to entire national economies by periods of weeks and months, whereas I try to focus on the next few days.

    all the best.
 
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