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Message: Coal Outlook and Fundamentals--Good Read and Charts

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rafikd

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Re: Coal Outlook and Fundamentals--Good Read and Charts

in response to Re: Coal Outlook and Fundamentals--Good Read and Charts by zZino

posted on Oct 24, 08 07:57AM

China market spot coal prices are putting pressure on the market. LOOK AT THE PRICE OF COPPER!! Below 2 dollars. Its barely above break even point. There is just so much going on in these markets where its just unchartered territories.

When you are fleeing from the market for panic or fear reasons you should be taking small positions. 2, 3% of your cash positions in a hot commodity like coal would make sense.

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