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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: Victor Lazlo who wrote (704)8/30/2001 5:50:13 AM
From: craig crawford  Read Replies (2) of 1643
 
24th Annual Coal Marketing Days Conference to Explore Resurgence of Coal-Fired Generation
biz.yahoo.com

Happy days are here again for coal, but how long will they last? Coal prices have doubled in the past year. More new coal-fired generation has been announced in the past 12 months than in the previous 12 years. Major players like Arch, CONSOL, Massey and Peabody have higher stock prices than many ``new economy'' titans. In fact, the New York Mercantile Exchange (NYMEX) is so high on coal that it is offering coal futures contracts. Add a coal-friendly president and soaring natural gas prices, and coal-fired generation becomes even hotter.
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