OK folks, even with yesterday's rally, you have to be aware that all stocks are down and there are some very interesting opportunities surfacing for those of you that handle your own portfolios.  Coal Stocks.  The average American consumes around 20 pounds of coal a day. Yes you! It’s mainly used for electricity. It produces about half of the sum we use.
 
From the prices that the major coal stocks are trading for you would think we have stopped using it.  The credit crunch has taken down almost every other sector…. now it’s energy and specifically coal.  The companies we are talking about have share prices that have fallen about 60% in the last few months.  Much of this is due to hedge funds liquidating every thing they have to give money to their fleeing investors.

 
1.    Walters Industries (WLT) traded as high as $108 now at $38
2.    Consol Energy (CNX) down from a high of $110  now around $37
3.      Patriot Coal (PCX) down to $18 from a high of $83
 
Winter is on its way and so are the returns from coal stocks
 
Trade very carefully