Porsche BDI unused fleet still there? and growing...

Porsche, do you still see a mass of growing ships idle at the Singapore Bay. BDI has been dropping for about 2 months straight and I assume that fleet is growing....... GS.

Porsche, do you still see a mass of growing ships idle at the Singapore Bay. BDI has been dropping for about 2 months straight and I assume that fleet is growing.......

GS.

Yes but the govt has made these people move some of the ships OUT. So you see less around. There still there in other parts of the world but business in Singapore is fine for now...

The people here gotten optimistic. I am out in my yacht quite often so yes i still see them.

But let strip the bulls of the money first today after stripping the bears yesterday.

FWIW: I'm looking out of my window as I type this. I can see the night lights of some of them now.

FWIW: I'm looking out of my window as I type this. I can see the night lights of some of them now.

I gotta admit you got best view in Singapore with the top prime location for the lowest possible price.

Porsche, do you still see a mass of growing ships idle at the Singapore Bay. BDI has been dropping for about 2 months straight and I assume that fleet is growing.......

GS.

Yes but the govt has made these people move some of the ships OUT. So you see less around. There still there in other parts of the world but business in Singapore is fine for now...

The people here gotten optimistic. I am out in my yacht quite often so yes i still see them.

But let strip the bulls of the money first today after stripping the bears yesterday.

Thanks Porsche. I made money as a bear Yesterday, just had to sell before lunch time....

Did a quick gold long trade and sold before the close...... great day for me.... and put an OIL short at the close.

GOLD is tanking Today, but I believe we are going to at least retrace a great part of the drop from 1260........ maybe even new highs, we'll see......

I missed a great long in NatGas in the AM , I chickened out and did not put the trade, but I fully expected a huge gain, 12% as it was with the 2x1 leveraged ETF.....

GS.

Edited by goldswinger, 16 July 2010 - 08:24 AM.

Porsche, do you still see a mass of growing ships idle at the Singapore Bay. BDI has been dropping for about 2 months straight and I assume that fleet is growing.......

GS.

Yes but the govt has made these people move some of the ships OUT. So you see less around. There still there in other parts of the world but business in Singapore is fine for now...

The people here gotten optimistic. I am out in my yacht quite often so yes i still see them.

But let strip the bulls of the money first today after stripping the bears yesterday.

Thanks Porsche. I made money as a bear Yesterday, just had to sell before lunch time....

Did a quick gold long trade and sold before the close...... great day for me.... and put an OIL short at the close.

GOLD is tanking Today, but I believe we are going to at least retrace a great part of the drop from 1260........ maybe even new highs, we'll see......

I missed a great long in NatGas in the AM , I chickened out and did not put the trade, but I fully expected a huge gain, 12% as it was with the 2x1 leveraged ETF.....

GS.

Congrats, GS i finally got a sell SIGNAL. When the trend Sell appears i'll post so we'll know if its a correction OR a start of a new leg down!

Actually i haven sold my gold yet held long in mainly physical from an average of 330