a day in the market, page-2

Correction Marker (no pun intended!)

The true believers HAVE held on and ARE making a killing!

I think what we may have seen today was alot of new holders being stopped out at various points due to the sell off in the coal prices worldwide. You only have to look at coal stocks in general today and see an average of around 15% drops in sp. These new holders that are cranky and have been stopped out are probably the ones who jumped in late in the piece Mon/Tue at prices in the mid 40's.

If they show restraint and hold on they should be amply rewarded come post 14th (upgrade?, new directions?, drilling, etc)

Looking forward to tomorrow...Maxi