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Alpha Natural Resources (ANR) Shrugs off Strong Dollar Inverse Correlation - Breaks Out

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Some of the coal and steel names are trading in a parallel world right now... strong dollar be damned.  Alpha Natural Resources (ANR), in parts of 2008 our largest position, has broken over the key level of $42.25ish and you can see the computers all recognizing the pattern and a feeding frenzy has ensued.

 
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Created by beet 2 years 7 weeks ago – Made popular 2 years 7 weeks ago
Category: Fundamental Analysis   Tags:

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