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EXCEL MARITIME CARR Message Board

  • hopeful200 hopeful200 Sep 27, 2008 3:49 PM Flag

    BDI index

    I wonder if anyone here would disagree with this following thought on the BDI?? If you have checked the BDI chart, you have already noted what's happening. When it does bottom, is there any chance it will be other than a "V?" When you have a decline like this, you are not forming a "U" bottom or other. So, IMO, we either are going to realize a "V" type reversal or the game is completely over and there will be no drybulk shippers or shipping in the coming years. Personally, I don't think the world is ending right now.

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