Wednesday, June 3, 2009

BULLS STILL ON THE RUN

Intraday selloffs are being supported by the bulls heading into the closing bell. Another positive sign that this market has legs as we inch towards Dow 10,000. The undervalued coal sector will be a beneficiary for moving markets higher. Coal watch: Massey (MEE), Arch (ACI ) Cliffs (CLF).

Hurricane season began last week as well. Transportation sector makes big waves heading into the season. Rails watch: CSX, Norfolk Southern (NSC), Union Pacific (UNP). Shipping watch: Excel Maritime (EXM), Dry Bulk (DRYS), Frontline (FRO). Don't miss the boat.

COPYRIGHT TRADERVSMARKET @ 2009

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