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Timothy Smith

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Timothy Smith

Re: TREND1 post# 155

Monday, 08/31/2015 7:27:08 PM

Monday, August 31, 2015 7:27:08 PM

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Coal companies (NYSEARCA:KOL) continue their apparent short-covering rally, even as J.P. Morgan cuts its coal price forecasts, expecting excess production capacity built in recent years to keep downward pressure on prices in a mirror image of the late 2000s when capacity shortages drove prices higher.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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