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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (82869)	11/7/2011 12:31:00 PM
From: carranza2	Read Replies (1) \| Respond to of 218104

From the little I have read and the little I know, it appears that the shipping industry, particularly in the oil sector, is a fairly binary, boom/bust thing. This may account for the present valuation. It looks too risky to me but if you have timed it right, you will likely make a fortune. I don't see much improvement in the global economy anytime soon. In fact, the way I see it, there may well be very difficult times ahead in the near term as Europe goes into recession. And since it seems that oil demand/shipping and increased economic activity go hand in hand, the prospects for a good return in the next 2 years or so seem somewhat dim. But who am I to advise the discoverer of NGD, which has made many of us a tidy sum?