Funny how in a bull market all pullbacks are to be bought when the stock is named Apple or Google, or Dell bit in a commodity bull market the same doesn't apply. Sorta like selective application of the rules maybe. Could it be they (TV gurus and the like) plain old don't like or understand a commodity bull? Either way the Coal chart (above) looks to be in bull mode. Yesterdays hanging man candle caught my eye and is reminiscent of the bar on June 4. Coincidence or not, both occurred on heavy volume and I am enamored of this picture.

I am getting long 1 unit of the Market Vectors Coal ticker KOL at $55.60 with a sharp eye to adding a 2nd unit on a move above $57.60. which would take out the high of that hanging man.