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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,406 Blog Posts

Dirty Coal

RaginCajun Tue Jul 7, 2009 10:57am EST 10 Comments

Looking for a few short setups? Look no further than coal (click on symbol to bring up chart): ACI, ANR, BTU, BUCY, CLF, MEE, & PCX

As far as the overall market, CA has a great post on specific sectors as well as the indices, just about everything is ready to breakdown.

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10 comments

  1. ZMoose12
    ZMoose12
    July 7, 2009 at 11:14 am

    Amen to that RC: Coal sucks!

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  2. RaginCajun
    RaginCajun
    July 7, 2009 at 11:35 am

    indeed. some of the setups are golden.

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  3. CavemanForecaster
    CavemanForecaster
    July 7, 2009 at 11:37 am

    I will join the cheering section here on PCX specifically since I have an options strangle on it so down with coal!

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  4. RaginCajun
    RaginCajun
    July 7, 2009 at 11:58 am

    Gio is also short that Dog, he has been making a killing with some of his shorts.

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    • Gio
      Gio
      July 7, 2009 at 4:37 pm

      Yup, kill coal. The 2 top users having trouble with it…

      US: Obama hates it
      China: Riots

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  5. Ring
    Ring
    July 7, 2009 at 12:17 pm

    may be we are late to short on them……

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  6. win
    win
    July 7, 2009 at 1:18 pm

    DUG, smn and dxd

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  7. ZMoose12
    ZMoose12
    July 7, 2009 at 1:56 pm

    I’d short KOL here, and no doubt ANR too.

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  8. RaginCajun
    RaginCajun
    July 7, 2009 at 2:00 pm

    no doubt, head and shoulders everywhere Zmoose.

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