the bid index closed yet again at a new record of 6172!!! wow- this bodes well for not only this quarter but for q1 as well. tce rates from here on will likely be realized in q1'05... they booked 53% of op fleet-days in the first few weeks of oct for q4, the index rose over 2000 points since then, so they likely are done booking for q4, so not only will they exceed q4 expectations but the quasi guidance they will provide in their p/r will hopefully be very exciting.... this is a long term play - patience my fellow sailors, we will be rewarded !