Replies to post #8914 on DryShips Inc (fka DRYS)

[bleu22]

I agree. The market as a whole is not looking good right now IMO. I got out of drys last week and everything else for that matter. Hopefully for the longs the market will correct sooner than later. GLTA

[Waitedg]

Cgraut - In response to your comment:"If u expect it to drop below 3 why buy?"

It's not that "I expect it to". It could also take off. I'm not too good at reading tea leaves--or forecasting. Technically, the whole market could be ready for a correction fairly soon. ORIG is taking a beating. Yet, I also find it usually good to buy when things look poor. The downside here is not too great, in my opinion, even if I did buy a bit early. We'll see. Waitedg