Arch Coal (ACI 43.89), Massey (MEE 55.77) and Peabody (BTU 53.39)look like they hit a trading bottom today.
Tonight Palin gives her Vice President speech, and I think she hits it out of the park. I think she will be perceived to be personable, likable, and trustworthy tonight-at least by Middle America.
Obama already has the college professor vote, along with Wall Street, and there's more than a few on the street that thinks he'll crush coal.
I don't even know if team Obama can take on a chick from Alaska!
And if she hits it out of the park, then the election is up for grabs.
Wouldn't that be a sight. The market rallies huge on the "news" of a good speech by McCain's Vice president.
That will be real tough for Wall Street and the press to take.
I guess they'll have to take it like a man!