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6 Stocks to Sell in March

Investors should scale back positions in global securities, banks

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Stock to Sell #1 – Alpha Natural Resources (ANR)

Although earnings for Alpha Natural Resources (NYSE:ANR) could increase from the massive loss of $3.76 per share in 2011, the upside is limited. The biggest problem for ANR and other coal producers is that near-term coal prices are likely to continue to decline.

Technically the recent break below the support line is a negative and threatens to send ANR into another leg down.

ANR Chart
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Chart Key


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