Speaking of fertilizer implosions,check out the charts of MEE,PCX...
Look how these pigs got hyped into a mania rush as coal would be a cheaper alt to oil.This was an indicator that the last party train had left the station.
Coal piggybacked oil at the last phase of oils mania.Coal mania suddenly started from nothing in April and oil peaked in July.Coal maintained its stratosphere price til august.Now its back to april prices.
Amazing!!!!
PCX from 14 to 92 back to 20.In 5 months!
