Friday, June 13, 2008

Hot Coal

Coal, as a traditional energy source, gains more attention than before. As a consequence, coal stocks keep flying higher and look quite hot.

JRCC



PCX



In trading, one of principles is buying the strongest and shorting the weakest. It becomes more and more obvious to me, though I still can not consistently follow it. If it happens that you can get in a position of which instrument has a strong trend, you keep ride it until its end. You never know how high or low it can go.

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