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 Strategies & Market Trends : Technical analysis for shorts & longs

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To: Johnny Canuck who wrote (46209)1/31/2012 8:32:14 AM
From: johnlwRead Replies (2) of 49817
 
BDI
While the value of the BDI hasn't fallen as dramatically numerically as in the post I have linked, it has had a large rapid percentage decline since the start of 2012.
Now approaching the 2009 lows.
I haven't seen any commentary on it anywhere although I am not as diligent as I should be.
Do you have any thoughts?
Is it still a relevant indicator of global trade?

stockcharts.com 
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