Replies to post #201807 on $Stock*Shop*Charts*News*Option$

[Stock Lobster]

DRYS and the other dry bulk shippers were kneecapped last week. I suspect it's because someone would like in, but I've been largely diversified out of DRYS since it hit $125, just out of desire to be in tanker plays beginning their run

I really do suspect some funds want in. I've seen DRYS bashed heavily before (at $40/pps) and it recovered and kept going.

If it's true that India, China and other developing nations are still growing, then dry bulk shippers will still be in demand.

[Stock Lobster]

Honestly, if dry bulk shippers aren't a good sector in the US markets, I'm not sure what will be left to keep me in US stocks at all.

Housing, consumer, financials, even oil stocks like Exxon/Chevron are weak...and tech is spotty.

Specific pharma stocks are strong, but it's hit and miss, as we know.

For solid fundamentals and dividends, I'm still a big fan of tankers, but it's an alice in wonderland world now in the US markets, which is why I'm going to be focusing heavily on TSX resource plays starting on Wednesday or Thursday

[Tuff-Stuff]

Afternoon Terry