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Monday, November 16, 2009

Bullish on CAPEX? Deutsche Bank is!


Wait--what's going on? Deutsche Bank upgrades CAPEX, and then, even upgrades some shippers? Bullish on capesize rates? Re-emergence of Europe and Japan? I thought that wasn't supposed to happen!

Read it and weep you shipping, capex, and economy bears!

Wait--tell me again--We are at 1111 on the S&P 500. Now tell me the rally doesn't count.

Because it's on low volume!!
Trading Focus Nov 16, 09 SA                                                                                                                                                

2 comments :

Anonymous said...

Palmoni,

where do you see MGM and GCI heading at this level? are you still holding both?

Thanks!

palmoni said...

yeh holding both--it looks like they are ready to move again