Unlike most of the other coal stocks, JRCC has the same long term pattern as Coal Futures. After coal back-kissed its resistance at 50 in August 2006, someone dumped a load of JRCC 1week later. Then, the insiders loaded up in January of this year on the washout to $6 just as coal was making a higher low.
JRCC
Started by
chris
, May 13 2007 05:03 PM
1 reply to this topic
#1
Posted 13 May 2007 - 05:03 PM
#2
Posted 14 May 2007 - 08:16 AM
Nice catch, thanks for the post.
P---10.64
R1-12.52
S1---9.24
R2-13.92
S2---7.36
R3-15.33
S3---5.96
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!