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Post# of 77462
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montanamark

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montanamark

Re: AD post# 30872

Monday, 10/22/2007 2:59:38 PM

Monday, October 22, 2007 2:59:38 PM

Post# of 77462
hey AD, just got back from court; got up late today so i did not glance at the WSJ; front page article entitled
"Ship Shortage Pushes Up Prices of Raw Materials" - almost too
bullish (in some case the shipping charge is higher than the worth of the cargo) rates from brazil to china a year ago
$65K/day, now $180k/day; shortgage of ships; rio tinto noted for ordering ships in 04; anyway, if i would have seen that article i would have foreseen the hard bounce
DRYS had a gap @ 104.81
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