Saturday, April 21, 2007

Tanker index, week2

Sorry, there was no update for the tanker index for week1.
Anyways, I'm going to be brief here.

Index Value: 10,650.55
Index Performance: 6.5%

Genco got scared out of the volatility of the Nasdaq market, and moved over to the NYSE. The ticker is no longer GSTL, but it is now GNK.

Trend is up, things look good, and I'm going to look at picking up some FRO, although DRYS also looks good here.

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