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dabonenose

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dabonenose

Re: benfrankledger post# 2735

Friday, 12/01/2017 9:02:26 AM

Friday, December 01, 2017 9:02:26 AM

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Looks like BDI ready to B/O.

The only thing that perplexes me is the correlation of the BDI to Navios history.

IE, In 2014, NM was trading around 11, but with the BDI more than half the way to that point, NM is having trouble getting out of its own way.

http://stockcharts.com/h-sc/ui?s=NM&p=W&yr=5&mn=0&dy=0&id=p99433924615

BDI: https://www.bloomberg.com/quote/BDIY:IND (click on the 5Y chart)

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