Replies to post #1831 on Ander's Market Theories (AMKTH)

[AnderL]

it's also a leading indicator of economic health. Problem is that a lot of bulk shippers went overboard and orders too many newbuilds. There was a flood of ships into the fleet in 2008 and crushed the market.

I'm waiting to the BDI to bottom. It may take a few weeks but it is always ahead of a major market bottom.