You're Kidding

Last Thursday Was the Bottom - It's Time to Get Back in

I think you are dreaming. The worldwide macro economic situation is absolutely horrible and getting worse all the time. Have housing prices stabilized? Hardly. Has the derivatives market leverage unwound yet? Its hardly gotten started. Are the unemployment, bankruptcy, and bank failure rates going down now? They've just started going up. Do the people in charge of fixing things know what they are doing? Ya think?

And you are saying that all these things are probably going to turn around in the next 6 mo?

Just because the world's governments are throwing money around and the market bounces up a little, doesn't mean anything except that there are a lot of impatient investors who really, really, really want to make some money right now. So what else is new?

This isn't a normal recession we're heading into, and it cannot be realistically compared to any of the recent recessions. This one is very different and the bottom is nowhere in sight.

Looking Good: Genco in Particular, Shipping in General

This is without a doubt the most useless and misleading article on investing in anything, let alone shipping, that I have ever read.

This may have been written on some kind of bet for laughs. Or, maybe the author is just really simple minded and thinks he has said something meaningful. If so, that's a shame.

And a chart with utterly useless 2006 and 2007 data?

The real problem here is that there may be someone influenced by this pathetic article, who might actually go out and buy some stock because of it. And that's sad.