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Knightsbridge Shipping Limited Message Board

  • whirlajig whirlajig Aug 9, 2007 4:03 PM Flag

    Down, Down, Down

    Long ago breached 50 and 200 dma. Approaching lowest price in past 2 years at $23 and then $20. But then this is technnical and market is not responding to true technicals. Also general economic conditions are not bad!!! Yeah we are paying a lot for gasoline(which yo would think would be good for this stock) and some took out home loans incorrectly(which shouldn't affect this stock), but the stupid will always be with us and standard of living is still awesome. Pretty much everyone who is employable has a job. Apoligies to the exceptions. Some are calling it Panic Selling. Yesterday afternoon, many were Panic Buying some things that I follow. Is this nuts or what?

 
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