Friday, May 8, 2009

Coal Sector

Coal Sector - $DJUSCL

Commentary

I think the coals are just getting started to go up. As stated in an earlier post, coal rises into summer and evidence is backing that up based on weekly charts.

ACI (Arch Coal) $17.98 and MEE $21.34 (Massey Energy) are in a good position for at least a 10% rise.

Other coal companies: ANR, BTU, CNX, FCL, JRCC, WLT

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