Much to my surprise, the GOP caved after the Lew testimony. Based upon my over-arching bullish thesis, I am obligated to go “all in” on any news that we will not commit national suicide.
As such, I added to BALT, NSTG and YELP, while starting new positions in YY and TRLA.
http://www.youtube.com/watch?v=lRhNcH1aIf8
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Sure didn’t feel like the usual October
bottom.
No cascading waterfall.
Nice and orderly.
I would say whipsaw.
Fly did you see the HUGE 5% drop in the BDI today and 8% in the capes today. Totally makes sense with the move in Chinese Rebar since the end of Golden Week in China.
No offense tn but you have waaaay too many indicators.
I know there is only one Indicator needed these days, mainly the Central Banks of the World. But at some point they will fail to “fix” this mess and fundies may matter again. For me following all the indicators is the best part of all of this.
BDI is down 1%?
Yes, but only Capes were down. Both Supramax and Panamax’s were up again
But the Capes are the Big Dog, the Pana’s and Supra’s haven’t been hauling as much grain, the Ore Traders have been splitting loads to use them vs the Capes. So Capes lead the way up, they should lead the way down too.
All I care about is BALT.
I see a <1% drop in the BDI..can I see your source? link?
Duckkell, MarineTransportation.com Capital Link
Baltic Exchange
Baltic Dry 2,011 (-5.36%)
Baltic Capesize 3,621 (-8.54%)
Baltic Panamax 2,027 (+0.55%)
Baltic Supramax 1,175 (+1.12%)
Baltic Handysize 630 (+0.16%)
Baltic Dirty Tanker 591 (-0.67%)
Baltic Clean Tanker 523 (-0.76%)
As of Thu. Oct 10, 2013
thanks! all I had was yesterdays close on Bloomberg
Try .BADI in your trading platform
it’s a bull market you know.. bdi shmedi … get long and make $$$ I mean this is one of the easiest bull markets in history, seriously 😉
Bubbles always pop. 🙂
yes they do… it’s your job to make $$$ trading not state the obvious 🙂 will all due respect…
you’ve been bear forever, what is the point? eventually you would be right, but so what, evetually everyone is right 🙂 as nothing is forever.
get back to $$ making and enjoy the trip, JMHO of course.
Mr. Partridge, I don’t have the vast experience as you or Fly have. I am allowing myself to study the anatomy of a bubble from start to finish. It was easy to see it form in 2009, it looks like Top to me.
Well actually the top was Sept 18 when the world realized that if the FOMC can’t add to stimulus the markets must go down.
not really madame ( just philosphy not pun )
then talke into account you could no see this bubble ( or the next or whatever ) deflate , as there’s someone backing it , and then there will be someone else backing it in another way .
the universe ,have the shape of a big bubble that’s inflating and diversificating from the beginning to forever .
lol, I know I am a horrible speller. Cute.
TRLA is a dog with fleas au moment du jour.
amazing day
“Bullish” wins again.
OH hat tip for that BALT boss … very very long ovah here 🙂
Okay.
I’ll say it.
AAPL breakdown this pm will be a drag.
I won’t see it though- going for a bike ride.
there’s a better time for buy-in this tape ..there’s some gap open ( today opening ) to close..
NSTG certainly saw IBC group moved this stock
Fly
Take a look at DXM potential mega runner cash twice market cap
ALJ loaded up yesterday 8.80 for all you haters