me3tv

The Random Nature of James River Coal

Everything was oversold three days ago. Energy was especially way way oversold. Look at your chart there.. way way under the trend lines. James River was a rocket last summer and took a nosedive with oil and all energy. Obviously they dove way under ...too deep. You were wise to pick it up when you did and probably wise to take the money now. In two years energy will again be a darling but probably erratic for awhile. imho.