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Re: None

Tuesday, 03/03/2020 8:15:38 AM

Tuesday, March 03, 2020 8:15:38 AM

Post# of 102
Thanks for the link.

Near-dated futures are for the BDRY are 3 mos. average. Which certainly isn't spot. Also interesting the mix in shipping sizes the index covers, I was under the impression it was capsize only.

So right now, today, I have the $BDI (which you can't buy) as a buy, but BDRY hasn't even met one of my two conditions for a buy.

BDRY being a future is selling lower than the $BDI spot. This obviously means that the world is headed for a big time slow-down.

I did back testing on buy and sell signals for both $BDI and BDRY (given it's limited history) which were almost identical...until now.

All makes sense now. Thanks again for the link.

JL.
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