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Joined: Aug 2006
Posts: 3,862
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OP
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Joined: Aug 2006
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Joined: Nov 2000
Posts: 4,345
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Coal has lost less in the last year than S&P. What's your point? AGG
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Joined: Nov 2007
Posts: 614
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Joined: Nov 2007
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I'm sure the right would like us to believe that it is because we elected a terrorist, socialist, muslim, arab to the office of president. But since... Oil & Gas - IntegratedOil & Gas OperationsOil Well Services & Equipmentall saw similar losses and the market as a whole saw a 10% decrease in the past 2 days. The largest two day loss since the 1987 market crash, mostly because of the horrible retail sales report. It's safe to say this loss had everything to do with the market conditions and not the fact that Obama kicked McCain's butt. Want2Stay
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Joined: Feb 2001
Posts: 1,928
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Or, maybe someone with the financial power to do so is also manipulating the stock market.
"Your actions are so loud that I can't hear a word you're saying!"
BW M 44 yrs to still-foggy but now-faithful WH. What/how I post=my biz. Report any perceived violations to the Mods.
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Joined: Sep 2008
Posts: 498
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Or maybe it is b/c the economy is going into a recession and demand for energy is going down. The largest steel company in the world (MT) cut output (coal is used to fire the furnaces).
Me: 32 BS DDay: 9/14/08
Slowly coming to the realization that I
am one of those who can't get past it.
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