late session POP today??

mkts out of control and getting crushed.

just bought

SPY 87.66
DRYS 9.73

already down since putting this up. anybody thinking the same.

Its friday, I dont see it.

But I didnt see it down 300 yesterday either.

DRYS is pissing me off today. bought yesterday and it has show absolutely no strength today.

with all the shorts that killed it you'd think there would be a short squeeze. seems like everyone is scared to buy it.

I'm not big on patterns, but all of the indecies look to be forming a cup/handle.  Could see a closing bounce if that holds true

Cape rates need to turn..if Cape rates turn you will see the stock move much more. Pana rates are severely inverted to the larger Cape..that cannot last-

LINK

Got back to only down 20 then fell, back to down 10 then fell.  Hopefully the next run up blows the top off of things to end the day

 Well it's official...I just bought some DRYS at 9.94

THAR SHE BLOWS!!!!

Now can we hold the green

THUD

Back to red 

Its too early fellas.

This "gain" can evaporate after the bond market closes in about 5 minutes here.

DRYS being manipulated, shorts arent afraid and shouldnt be. Rates need to turn and get on fire to scare shorts.

Rates move and this will see 30 fast.

But here comes the cavalry for another run  GREEN AGAIN



I have to entertain myself, sorry

out of SPY 91.35, not bad. gonna look like ur avator if i miss another last minute surge but ill take it.

I think as credit improves so will shipping. China's plan will also help spur growth and thus more demand for shipping.

It might take a few months but I just do not see sub-breakeven rates continuing forever..at these rates the shippers cannot offer a product/service and is a function of an illiquid market and shorts smashing the FFA market (forward freight market..like a freight futures market).

Well they are smashing the market again..down 100 and fast.

Nothing like sending a text and then looking up to see the market dropped over 100 points

Man they are hunting DRYS down bad..

DOWN spike volume is huge..40k in a minute, 75k in a minute.

Gotta love the uptick rule being eliminated, its like opening the gates at the zoo for the lions.

Woo Hoo 300 point downward reversal in 30 minutes 

WTF  Up 70 to down 230 

Ring the bell, stop the fight, he can't get up

Fucking nuts last hour and a half

Just your ordinary 700+ point waffle over the course of the afternoon

Down 350 to up 70 to down 340 in under 4 hours most in the last 1 1/2 hours

The daytraders on short term options and futures have to love this.

It is suicide trading at its best.

I dumped drys today @9.66. un-fucking real stocks gains over 20% yesterday and shows no strength at all today. Shorts must have covered yesterday and re opened today. im glad as hell i sold when i did though.

Wall
the BDI should have helped DRYS today they have a large amount on panamaxs on spot. their capes are mostly locked in arent they ??

I still think DRYS will run up soon. I have been real good on trading DRYS in this shit market.

DRYS closes @ 9.11   - 1.98 almost -18% erased all my gains from yesterday almost.