Tuesday, March 10, 2009

Gartman stock picks

Arch Coal at $12.50, FCX at $34 - down from $120, US Steel at $18, - down from $180! Imperial Sugar at $5.50, down from $35 two years ago. Others SU, CHK, BG, AA, DOW, SFD, DRYS, NSC, ACI, ANDE, GE?

Another Gartman play is Aussie and Canadian currencies against the dollar - the bet being that these natural resource rich countries will get bid hard buy China when it gets back going again.

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