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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (3111)2/20/2015 8:30:53 PM
From: MythMan1 Recommendation

Recommended By
mary-ally-smith

  Respond to of 3209
 
The volume for the entire market sucks, what's your point? Price is what counts on the scoreboard...

zerohedge.com

DRYS volume is low because nobody wants it. DUH!

Bottom line is, buy SPY because that is going way higher than some folks think. DRYS going to zero.



To: MythMan who wrote (3111)2/22/2015 10:44:29 PM
From: littlebitmoore23 Recommendations

Recommended By
Chip McVickar
Fintas
toccodolce

  Respond to of 3209
 
Large rallies occur off bottoms like the one in the chart of the BDI that you posted, Myth Man.

Since you say you don't own it, I can only imagine why you care to put up charts of the BDI and bash DRYS anyway.

Actually I logged on to SI to correct my use of the word "recommended" in a previous post to Entitlement. Specifically, around the time that I became interested in DRYS, both Don W. and Fintas were posting about it. Neither recommended that I buy it. Don posted a chart that I still use from time to time, and Fintas disclosed his ownership, along with information of a fundamental nature and RS.

So I was wrong to say "on Fintas' recommendation" because it was inaccurate.

LBM