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TSE:TECK.B
Now is a negative period of seasonal strength for stocks like this. Tend to be under a lot of pressure this time of year. Mining and metal stocks tend to move higher, normally from around the end of November right through until the end of May each year. Chart shows a very long downward trend from the beginning of 2011 with an accelerated downward trend in 2012. Watch the technical action for coal in Market Vectors Coal ETF (KOL-N). It has come down a long ways but hasn’t shown any signs of bottoming yet. Probably November will be a better time.