patriot coal corp, arch coal inc.

patriot coal forming a 3 month cup with handle, buy point at $22.10 on 50% higher volume or better pcx is a buy.. stop loss at $20.55. arch coal could be a buy at $26.10,enter 7% stop loss order too.warning aci,pcx must bust through these buy points with higher volume (50%) and use a capital protective stop loss order.(7%) remember you are responsible for your trades.

there are a few problems with aci fundamentals,weak roe,weak earnings, weak profit margin,=trade with caution,same thing with pcx.the best company in this group would be alpha natural resources.anr is shaping up pretty good.the more i look at anr the better i like it. earnings are strong,quaterly and annually,roe is strong,

alpha natural resources is the strongest company in this group,looks like a buy on higher volume trading at around $52.50.

wow anr has been a wild ride,that kind of surprise is why i use stops on every trade.

what a difference a year or so makes...

http://www.google.com/finance?client=ob&q=NYSE:PCX
http://www.google.com/finance?q=aci
http://www.google.com/finance?q=NYSE%3AAnr