Wednesday, July 16, 2008

Watch Coal Today

Cleveland Cliffs is making a $10 billion offer for ANR. The deal is valued at around $126. Nice trade. The group may catch a sympathy move today so watch MEE and JRCC and the others. Oil is up and futures are down.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.