Monday, August 01, 2005

OMINOUS

BDI continues to decline sharply, soundly down thru 2003 lows!

D

2 comments:

Anonymous said...

is the problem to many ships or not enough goods being shipped if the later maybe short the transprotaion index

Marc R said...

BDI is a reflection of the movement of RAW MATERIALS, what is needed to make the stuff, not the shipment of the stuff.

Maybe the CHinese stocksed up on SO MUCH materials, they can slide for awhile, but the non cofirm of the BDI and Transports remain a tad bit of a puzzle,but in the past the BDI as it cannot be manipulated is a very good guide to future trends.

And the dive has been unabted, very unusual behaviour.

D