Thursday, April 29, 2004
I saw louis ruikheiser this week.He is the manager of the State Street Research Global Resourses Fund. Great performance, but I checked my Waterhouse, they want a 4.75% load.Also, he recommended all his coal stocks as cheap, which they are NOT! I looked @ Consol, Arch, Massey, they all have tripled or more! I NEVER trust a guest, no matter how good the fund is, I always approach it from " they are on TV to pump & dump" I'm not saying CNX won't go higher, but I ask myself, why did'nt I buy it @ 15?p/e 78, he said cheap! I did'nt buy SJT today because looks a little weak(rel strength) Look @ KCS, perfect flag (bullish) pattern on chart, poised to breakout next leg up, IMO.Long: KCS, NAT, PKZ, MHR, APA, POG.