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Post by clinton on Aug 26, 2014 6:30:53 GMT -5
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Post by clinton on Sept 10, 2014 7:00:15 GMT -5
new 6m low for US coal Attachments:
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Post by clinton on Sept 11, 2014 17:17:41 GMT -5
weekly rail report all green but coal Attachments:
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Post by huh on Sept 12, 2014 9:34:35 GMT -5
If WLT can't hold over 4.25 today, likely to take a nose dive. Still have a downside target ~3.75 (and it's down about 48% since that call), but recent set-up could take it as low as ~2.75. Of course above 4.25 it's a buy for a dead cat bounce/FIB retrace.
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Post by clinton on Sept 16, 2014 6:52:22 GMT -5
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Post by huh on Sept 16, 2014 9:04:37 GMT -5
OBV suggest WLT might be getting accumulated Looks like it's bear flagging for <$6. Will likely have bounces along the way, but I have a long term target ~$3.75. JMHO 3.75 target met in WLT for 53%. Still potential for 2.75 so I wouldn't play this from the long side without a bottoming pattern or resistance ~4.30 broken.
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Post by clinton on Sept 18, 2014 9:21:36 GMT -5
2 years of hating coal and I have to say DAYUM I have never been more right Attachments:
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Post by Herceg on Sept 18, 2014 11:44:06 GMT -5
Talk about hard times I just realized that WLT was $143 back in April of 2011............if you are a share holder from way back then all you can do is
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Post by clinton on Sept 18, 2014 23:00:32 GMT -5
rail Attachments:
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Post by huh on Sept 19, 2014 8:53:03 GMT -5
WLT="MEEEOOoooowww"
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Post by huh on Sept 19, 2014 11:37:47 GMT -5
And down about 7% already since then. Dead cats never bounce very high (and the landing usually isn't very pretty either).
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Post by clinton on Sept 20, 2014 9:26:00 GMT -5
US steel just said inventories are rising so look for them to START cutting back on production
Thats the LAST thing WLT needed to hear
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Post by huh on Sept 22, 2014 12:57:03 GMT -5
Looks like it's bear flagging for <$6. Will likely have bounces along the way, but I have a long term target ~$3.75. JMHO 3.75 target met in WLT for 53%. Still potential for 2.75 so I wouldn't play this from the long side without a bottoming pattern or resistance ~4.30 broken. Hit the 2.75 downside target for 66% down since bear call. (15% down since Friday dead cat bounce call). Still potential for ~1.10 with the double-top on the monthly chart, but I'm done calling it now.Quit while I'm ahead with it. Amazing to me that shorting could make so much in so many names in this "super bull market".
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Post by huh on Sept 27, 2014 16:15:24 GMT -5
We all know CLF will continue down, but here's the set-up for a minimum target ~6.75. Would be awesome short if it were to somehow get a quick rise to ~14.00 for the gap fill. Keep an eye out for the possibility.
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Post by clinton on Sept 30, 2014 9:05:47 GMT -5
next week china closed for golden week
not sure if this is bear or bull
on one hand neg steel data will stop
but on the other no work/orders will be getting done
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Post by clinton on Sept 30, 2014 9:07:40 GMT -5
golden week starts tomorrow BTW
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Post by clinton on Sept 30, 2014 9:33:16 GMT -5
look at obv no one is accumulating WLT just shorts booking profits Attachments:
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Post by huh on Sept 30, 2014 9:39:04 GMT -5
look at obv no one is accumulating WLT just shorts booking profits It was due for an oversold/deadcat bounce. Especially coming off the psychological support of $2.00.
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