schminkie

Two Water Transport Plays - Besides DryShips

excellent call on dsx. as far as slow downs... dsx's fleet is fully contracted so the 'slowdowns' are less germane. if you want, their website has a list of contracts including future contracts and a little map showing where their ships are and where they're going.

i wouldn't overplay this 'slow down'. the dry bulk business is quixotic to say the least. i've found articles in complete opposition in the same or consecutive trade periodicals. additionally i see expansion, aggressive expansion, per acquisition and exploration vis a via the coal and iron ore/steel industries.

i guess wall st and its usual suspects are looking at a different world than these global corporations; companies that feel confidant in investing 2008 capital for profits and market share years down the road. if industry is the body wall st is the tape worm.

The Brightest Stars in the Commodities Boom, Part Two

cool stuff esp the facts on chinese weddings. these are the things that one needs to know.

wouldn't it be a better idea to buy miners who dig up cobalt than corps that use it? and don't certain major iron and coal miners come up with it almost as a by product or coincidental product 'find' in the course of work?

i still like met coal. for the time being steel has no broadly used alternative. buy dips. sells spikes. make money. don't be bitter.

per dry bulk. i keep asking appropriate parties why loading, unloading and transporting - land, sea - coal is so stuck in the past technologically. no answers yet. however the price 'warnings' mentioned by m.a. are appropriate. companies bid and are frequently happy to take what they can get as opposed to what the wall st journal says they should get. do you ever pick up the phone and talk to these guys? time is money.

ps. congrats on your grammies, m.a.