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Stocks A / Alliance Resource Partners LP


Subject:  Re: good buy? Date:  4/15/2005  8:18 PM
Author:  LakeEffect Number:  27 of 61

I'm watching this one also, although I sold my entire position at $66. ARLP's long-term appreciation is impressive and I think energy & raw material stocks still have some legs, but since the NASDAQ meltdown I set stop-loss orders and get out before things get too ugly. Energy can be very sensitive to macro-economic factors and other outside forces.

FWIW, my own personal plan is to wait until a bottom is put in and, if energy still looks attractive, consider re-entering. I won't touch this falling knife until it stops its free-fall. Just my 2c
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