Ever this this article at Barron’s DRYS has been on a tear. The same article was also published in the wall street journal and apparently someone followed. This one is on watch for the $110 spot.

This is heading right up towards previous highs but at some point here it needs to consolidate - probably around the $90-100 range before attempting to make new highs. This has been one heck of a swinger for the past year and a half.

Tags: DRYS

This entry was posted on Wednesday, May 14th, 2008 at 11:27 pm and is filed under NASDAQ, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.