Sorry, long time no post... I think.
Bulk shippers, basic materials, oil. all down today, they have had one hell of a run over the past days....
The bulk shipping tempts me.
umnnnn.
Game plans:
Fed cuts.... Long nasdaq
fed doesn't cut... short materials. or oil.
fed is going to cut, with a weakening of credit, that is a good reason for them to cut. I think they need to hang the owners of asset backed paper. Yes they are lying about their exposure, and you can't mark that to market... Unless we get another good 1-2% drop in bond rates.
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