Seeing though he asked so nicely
I am one of your many e-book buyers.(not sure if you believe it or not, I can provide proof)
Since you are the best online GURU ( "massage the ego,applicable to all industries"sounds familiar =D ), hope you can clear some doubts of mine:
1) The BDI is an indicator of the actual market activity. Is it a real-time moving index like the Dow Jones? What time is it being release? which country's clock does it follow?
(I believe its London time around midday)
2) If the BDI is up , is it likely that big bulk carriers stocks will go up as well?
(Yes good assumption)
3) I saw some bulk carrier (BC) stocks e.g DRYS & EXM in US reaching sky high price in 2007. Is it gonna to happen again or will it even get to one-third of its peak in 2 years time?
(wont reach 2007 highs for a long long time)
4) How do you see the BDI in 2-3 years time? Is it a good choice to go long for bulk carrier stocks? If it is ,which are the ones you are familiar with or better still you have insider info of ( just joking).
(I am bearish on shipping stocks due to the massive amount of new ships coming into the market)
A lengthy email indeed, please take your time to answer ( really hope u do as it would proof that you are a nice guy=)
Mr Singapore 2010
(You are welcome - wax on/wax off)
- The Virtual Shipbroker
- Hi. I am a shipping company director, transport academic, author, family man and all round nice guy. I have worked as shipbroker, shipowner, freight trader and bulk charterer, in senior positions, with some of the largest and most disrespected (joke) companies in the world. Ask my advice on all things shipping and you will receive my blunt and always honest answer. Hang around to learn more about chartering and ship broker salaries, chartering and ship broker jobs, chartering and shipbroker recruitment agencies, cheap freight, maritime education, chartering and ship broker qualifications, become a ship broker, tips on how to be a successful bulk shipping executive, philosophy, Zen and the art of shipbroking, and much more. Yours The Virtual Shipbroker (recently proclaimed the guru of shipbroking) Copyright © 2009-17 by Virtualshipbroker