DryShips Inc (fka DRYS)

[Stockscience]

As far as the lackluster trading today: Volume is drying up and that is neither good or bad as a signal by itself. It means that we don't have much buying or selling pressure. However, the net trades have been buys as a slow accumulation. Looking at the blocks traded, I am still holding my long position. I'm still hoping for a slightly green day and continued building of a base at $4.20-$4.40. We have been building a base here for the last 2 1/2 days. I'd like to see some volume of shares traded at these levels before we push higher.

Still, it isn't a bad day for longs.