Tuesday, September 23, 2008

A quick look at coals

Going through all the charts, the coals look very messy. Some look like they are trying to form a bottom, some look like they want to head lower. The only things I would consider here are day trades, preferabbly longs on stocks that have been hit the hardest (MEE, CNX, PCX, ACI). There is nothing long term here, too volatile and unpredictable.