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rhino: To Sunny and the rest of the people that thought the BDI was predicting the end of times

I also thought that the BDI collapse was unusual and needed to monitored on a daily basis, but these are unusual times. I knew it was similar to the credit freeze, the libor going wack job, the massive daily swings in the S & P. The market is finding a short term bottom like it always does.

Having said that ...

There is now a 50/50 chance that it will start to deteriorate again in the fourth quarter or early next year.

These are unusual times.


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well, i wouldn't go that far...

as to why i posted the BDI index.

I see it as an indicator' such as the DOW or any other chart or graph of
current economic activity.

and yes these are unusual times. and yes this 'time' is different.

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