Alpha Natural Resources Inc (fka ANRZQ)

[USSilverBug]

Hey manatee, I do plan to re-enter and hold, but I trade when I see aberations in the charts.

It's hard to know when current events overrule technicals, but the technicals are winning over the Romney endorsement. You also have to recognize that ANR is heavily shorted and the shorts will do what they have to, to protect their turf. My opinion is we will see a pull-back to the low $7's, but I can't be sure. If you go back and look at the daily charts, today's activity is not unlike the two recent times ANR made a rapid assent above the top Bollinger band. It almost always pulls back. And that is the case for most any stock.

I like ANR and believe it to be a profitable long-term hold. But I will exit my position when I see things that don't look right.