What is the reason for the high beta here? Is it just trading? There doesn't seem to be any real news that would cause the changes. - If it's all "speculation and trading" then what is the best way to play this? Or should an investor just sit on the sidelines until the smoke clears? _ I've been trying to build a position by averaging down - but that has worked like trying to catch a falling knife. - each time it looks like there might be a rally it gets slapped down again.
coal just sux. It's gonna be a long time to recover if it does. And a long time before Nat Gas corrects. I see another 52 week low coming unfortunately and I want get my hopes up during the next fake rise.