tag:blogger.com,1999:blog-2335748440449035592.post7226267435132026921..comments2008-07-23T11:56:11.977-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-83864212956507801342008-07-23T11:56:00.000-04:002008-07-23T11:56:00.000-04:00http://tinyurl.com/66hc3u<BR/><BR/>Some news on CLF. Looks like to me like management is preparing for a CO2 cap and trade system. If so, would be very benificial in a few years.cm202bchttp://www.blogger.com/profile/01223048799754759550noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-22820482843093996172008-07-23T11:27:00.000-04:002008-07-23T11:27:00.000-04:00One could argue that. Lower oil would lead to less chance of global recession which should be positive for other commodities.<BR/><BR/>But in the financial world its just "one big trade"<BR/><BR/>Commodities (the monolith) are either good or bad. All of them. The past week and a half they are all bad. No matter the logic. It really is as simple as that. I wish I could give you some great detailed explanation - as they say K.I.S.S. The market is nothing if not simplistic in its thinking most of the time. <BR/><BR/>Commodities = bad<BR/>Early cycle stocks = good<BR/><BR/>check out those airlines up 50-70% yesterday for example. All on oil dropping $3? :)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-37634917075511270902008-07-23T11:24:00.000-04:002008-07-23T11:24:00.000-04:00Hey Mark,<BR/><BR/>What's up with the action in these coal names recently? With oil dropping, doesn't that mean the global economy is going to be fine and demand for coal should stay high? What's wrong with that thinking?djhttp://www.blogger.com/profile/13160264464080772868noreply@blogger.com