Comments on Fund My Mutual Fund: Bookkeeping: Closing Consol Energy (CNX) to Winnow...

PCX is sort of like an IPO since it was spun out o...

2008-06-02T11:02:00.000-04:00

PCX is sort of like an IPO since it was spun out of BTU last year. So it has limited shares which I think helps to accelerate its growth.

The whole group is on fire... again. An epic run. This reminds me of internet stocks in 99 ;)

Mark,What's with the monster parabolic move by Pat...

2008-06-02T10:56:00.000-04:00

Mark,

What's with the monster parabolic move by Patriot Coal??? It this a pure momentum play or is there something to this run. PCX is outperforming all the other coal stocks by a mile now. Of all the coal stocks I follow, maybe ANR is kind of keeping pace (which I thought is too fast as well!)

tRADER MARKGreat job, again. I am worried about co...

2008-05-31T12:56:00.000-04:00

tRADER MARK
Great job, again. I am worried about coal too now that Washing ton wants to do that cap thing. Can you explain that..tax and cap? It was on Kudlow last night. The next hot thing may be the rails....They have been hot, and I know they are related to coal. But I heard trucking companies are putting their loads on them. Also Fast money guys talked about how we need whole new transport system in US, but where's the money for that? The companies can make a boatload if they make hgih speed rails how they have in the Europe countries and other smart countries. We are the new third world. My hudsand is a govt employee at post office, and I dont care what the govt says, and its HIS employer! but his pay is NOT keeping up with price of food or gas, sorry to say. The numbers are so made up.
But the next hot sector,I am afraid to say it, it was just on today on FOX news and Cavuto, maybe solars for a second. Heres my thinking. I have played these for years. At the end of run ups in the market, which we have had, these act fanatically. CSCO is a great indicator stock; when it is frantic, you can know the market is reversing. The Friday before last, it was frantic, and the market sold off the folloiwng week, and HARD. THREE OR FOUR HARD sell off days. I was short alot of fertilizer, so did good.
The news so happened to come out about Germany subsidies to give them , the solars, a catalyst. LDK needs 7 trading days to double, that's jsut how it trades, then it comes back down with the market. SPWR, same thing...look at charts, and put the diamonds over them. THEY go up right before market comes down.
I would buy solars, esp. since the DNC is now, and everyone is so drunk with GREEN and this made up global warming, koolaid please..>EVEN the UN is involved in the global warming...getting prepared for one world government, and one world currency...the end is near.
SOLARS? RAILS? JUST THINKING>>>>
DONT DRINK THE KOOLAID
MO

sheng,Drinks too much Kool Aid? He is a Kool Aid ...

2008-05-30T17:04:00.001-04:00

sheng,

Drinks too much Kool Aid? He is a Kool Aid vendor for gosh sakes.

Can't own the Canadian thingFDG is good too; I act...

2008-05-30T17:04:00.000-04:00

Can't own the Canadian thing

FDG is good too; I actually owned that one 3-4 years ago (never performed for me back then though) :)

I was a few years early perhaps ...

Mark,what do you think of Fording as coal play?als...

2008-05-30T16:58:00.000-04:00

Mark,

what do you think of Fording as coal play?

also, I am not sure if you fund can hold Canadian

Westshore Terminals Income Fund

has been a cash cow shipping BC coal off its terminal

argh I hate Kudlow...he's one of those that drinks...

2008-05-30T16:32:00.000-04:00

argh I hate Kudlow...he's one of those that drinks too much Kool-Aid.

Exactly, the fed have to raise rates sometime late...

2008-05-30T15:49:00.000-04:00

Exactly, the fed have to raise rates sometime later this year, may be after elections (hmmm..)
July 1st, the start date of recovery in 2nd half of 2008, is fast approaching. Get ready to bid the stocks at 930am on that date. DOW and SP will skyrockets, no turning back.

Contradictory statements: fed will raise rates and economy aka, market will Zooom..
wow..in which world we are in?

Thanks for the info; the Indian banks are reflecti...

2008-05-30T15:40:00.000-04:00

Thanks for the info; the Indian banks are reflecting that reality.

What happens to US banks if Fed decides to raise rates in 1st half 2009? I mean with the economic recovery in 2nd half 2008, it should be a no brainer. Ah nevermind - no inflation here = no reason to ever raise rates again ;)

I would ask the Indians to send their inflation reporting team to USA for a crash course on how to accurately report numbers. Anything over 4% should be thrown to garbage and never see light of day. That would panic the people. :)

Mark, just an update ..India's inflation came out ...

2008-05-30T15:26:00.000-04:00

Mark, just an update ..
India's inflation came out as 8.1%, ridiculously high. The government is worried and can take necessary STEPS at anytime.
My brother just informed me that there might be an increase in interst rate anytime next week.

the economy growing at9% and inflation is 8% ..hehehe..
not good for the market..especially banking sector.