The trend has been down... and until the 200 day trend starts going up, it's a downward primary trend... what trend are you talking about? The one month Romney rally? And down on a big up day in the market is not a good harbinger. I am positive about making money and I'm careful about when to buy stocks. "Hail Mary" is going to lose you money. I took a 3% loss trading in/out of ACI since November and I'm happy about that. I made 70% on BAC and holding onto that and other winners but I let the losers go quickly to limit losses. That said, I will keep watching but I think ACI touches low $6's again. Until 4th quarter earnings are reported, there is no real news to drive up coal in the short-term.
I'm looking at my Candlestick chart here. The daily and weekly chart is on the way up, showing some positive signs. I know is hard to be patience but sometimes we need to, especially in the stock market. After this week we will know. Lets see how this week go.