Thursday, March 6, 2008

Old King Coal vs. Wilderhill Clean Energy (BTU; PBW)

Talk about counter-intuitive.
Here's the world's largest coal company and a much-mentioned clean energy ETF. Looking at the chart I am reminded of the emancipated slave quoted by Ken Burns in The Civil War, upon seeing his former master marched past as a prisoner-of-war:
Bottom rail on top now, boss.
The question is when.


Chart for PowerShares WilderHill Clean Energy (PBW)