svosavvy

Time to Buy and Hold for Reflation: Four Promising Sectors

I would only add a couple things. China seems quite interested in prb (powder river basin) coal, as they are bleeding indonesia dry of quality coal. A relatively major component of coal pricing is destination cost. Canadian pacific appears to have bought the rails to get it out, let's see if they can move it to vancouver port cheap. We are in a legendary credit crisis and nothing is moving right now, if you have a little foresight hopefully you would realize that it won't be like this forever. The shovels are being idled because no one is making steel and electricity usage is falling like a stone, there are less big hungry industrial machines running right now. Long ACI Big Thunder, I want to be long CP when the price comes in some more, if it levels off I may sell some CP puts. Long high taxes on coal, they make a nice fundraiser for the gov't, this of course will get passed on to the consumer through higher prices but what the heck electricity is cheap anyway. As long as china the customer is paying duty at the border too.