Wednesday, February 18, 2009

BDI rose 49 points after falling 3 consecutive days

Good trading opportunity if BDI continues to head north.

Baltic Dry Index (BDI) rose 49 points or 2.7% to 1,895 after falling for three consecutive days.

We might see some upside in share prices of dry bulk shipping stocks if the BDI continue to rally.
Our top trading stocks are STX Pan Ocean (STX SP), China COSCO (1919 HK) and Pacific Basin (2343 HK).

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