CDS comdek limited.

aug lows are cyclical event for coal stocks

  1. shetoldmetosell
    2,240 Posts.
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    19/08/08
    19:36
    Post #: 4124981
    The last few years have seen AUG and SEP and as the lows for the DJ coal index with a rally into the new year begining around Sep.

    this also being the 1st AUG for CDS as a coaler, may be adding to the severity of its selloff, see RIV,CZA,COK their 1st cyclical AUG downturns were pretty severe too.

    We need to see supporty for the index before we see support for CDS.


    CDS Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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