S&P 500: 1,317.11 Change: -0.21%

rjm77me

P&P Score: 99.94 Points: 616.65 Accuracy: 77.28% Average Pick Score: 0.89 Annual Return: 32.85% (94.05% since 7/16/09)

rjm77me's Blog : Coal stocks are on fire today - handle with care

February 2, 2012 Edited: February 2, 2012

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rjm77me

February 4, 2012 11:06 Abuse this post

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Coal stocks are more or less hostage of Gas ETF UNG - IF UNG is positive for the day trade the sector on up side. PCX and ANR also have decent short interest - which can help buying on up side

rjm77me

February 6, 2012 17:14 Abuse this post

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The coal stocks did hold their gain for last 3 days
ANR opened with gap down and found buying at that level
ended the day higher by 3%

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