Patriot Coal Corp, Arch Coal Inc.

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truckrp97
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Post by truckrp97 » Tue. Mar. 16, 2010 11:33 am

patriot coal forming a 3 month cup with handle, buy point at $22.10 on 50% higher volume or better pcx is a buy.. stop loss at $20.55. arch coal could be a buy at $26.10,enter 7% stop loss order too.warning aci,pcx must bust through these buy points with higher volume (50%) and use a capital protective stop loss order.(7%) remember you are responsible for your trades.

 
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truckrp97
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Post by truckrp97 » Tue. Mar. 16, 2010 3:52 pm

there are a few problems with aci fundamentals,weak roe,weak earnings, weak profit margin,=trade with caution,same thing with pcx.the best company in this group would be alpha natural resources.anr is shaping up pretty good.the more I look at anr the better I like it. earnings are strong,quaterly and annually,roe is strong,

 
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truckrp97
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Post by truckrp97 » Wed. Mar. 17, 2010 8:35 am

alpha natural resources is the strongest company in this group,looks like a buy on higher volume trading at around $52.50.


 
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truckrp97
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Post by truckrp97 » Mon. Mar. 22, 2010 10:38 am

wow anr has been a wild ride,that kind of surprise is why I use stops on every trade.

 
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