Collapse in global trade?

wuzge, Freitag, 18.01.2008, 03:46 (vor 6581 Tagen) @ dottore

"Moving on, we note yet again that the Baltic Freight Index
is in virtual free fall, with the Dry Index yesterday falling
more in one day than it has in its history, falling a stunning
5.7%. What is more important is that the Index has forged
3 of its 5 largest single day declines in its history in the
past week! As one can see from the chart of the BDI
below, it was only a very few weeks ago that the Index
made its high at 11,150. It is now trading 6,915... a
stunning drop of 52%. Perhaps it will find support in "The
Box" marking the 50-62% retracement of the bull run last
year that took the BDI from just under 2100 to its high at
11150, and perhaps the recent weakness is nothing more
than a much needed technical correction. But what if it is
more than that? What if is signals, as we think it does, a
collapse in global trade? What then? It is too awful to
think about for the moment."

http://www.cfsfutures.com/images/E0067301/011708.pdf

Gruß, wuzge