InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.34
(
0.49%
)
Bitcoin
58,129.35
(
-3.38%
)
Post# of 15261
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

popeyej

Send PM Follow Ignore
Followers 8
Posts 1560
Boards Moderated 0
Alias Born 08/29/2004

popeyej

Re: kevin252 post# 14596

Monday, 10/06/2008 2:06:58 PM

Monday, October 06, 2008 2:06:58 PM

Post# of 15261
Kevin, the lease rates are now too high to be a viable turnover.
This means that in 30 days there will be a tremendous amount of pressure on the shorts to cover. It will start with the 1 month then go to the two month and so on. This is if the lease rates stay above the 1% level.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up