Wednesday, November 18, 2009

Baltic Dry Index Higher

The Baltic Dry Index is hitting a new 2009 high today. Also as I posted last night, CNBC Mad Money, James Cramer is bullish on the shippers. His picks are Diana (DSX) ~chart~ & North american Tanker (NAT) ~chart~ , my pick for a few weeks now has been Genco Shipping (GNK). I wouldn't get in here but wait for a pullback.
*click chart to expand image

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