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Re: Emptyhead post# 56925

Thursday, 07/05/2018 10:15:14 AM

Thursday, July 05, 2018 10:15:14 AM

Post# of 58072
EH - Really? Unless some unforeseen event were to happen, I don't see DRYS reversing from here. Sure the day to day stuff, but overall for DRYS and shipping in general there seems to be a very positive, upward trend happening. Low sulfur fuel will be the next catalyst to take more ships off the board. The next 24 months look promising for shipping in general. If the US and China can resolve the trade issues that would create an even better atmosphere for world trade and boost shipping all the more.

So, I guess I don't see that type of retracement to $2.50 or $4.50.