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To: puborectalis who wrote (2147)	5/31/2013 8:00:22 AM
From: The Ox	Respond to of 8288

WLT is a good reversal watch candidate. Looking at the coal charts... Message 28797347 ...doesn't get me all that excited, to say the least. WLT is one of the weaker looking charts in the group. Also, where you might have sold the stock in the past doesn't necessarily relate to today's value. In fact, it's often a "trap", depending on the company and it's progress (or lack thereof). I can point to the JDSU's and VTSS's of the world as prime examples. I haven't looked at the fundies, so there may be more there. I have heard, over and over, that the US coal market is bottoming. One of these day's that will be true....but is that true today? JOY, who supplies the mining industry just lowered estimates. Not as severely as some have anticipated but it's an indicator which leads me to be cautious at this stage. For now, I'll watch from the sidelines for a reversal in the chart.....