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  • day_trader42 day_trader42 Jan 16, 2008 3:45 PM Flag

    What are the chances of the BDI being up tomorrow

    When they decide to burn shorts it will run. Right now they work for the shorts. Sad.

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    • what you're seeing here at the end are day traders taking profits.... there was some nice money made today if you came in short and then bought on the low. Tomorrow will likely be more of the same. Look at the 5 day this pattern repeats itself frequently... As far as the BDI goes, that's anyone's guess... there hasnt been a sign of stabilization yet... Watch bloomberg tv tomorrow morning, commodity ticker, for the earliest bdi report. they usually have it up by 9am