RE:Fear of slowing economy There are lots of reasons to be bearish or bullish but the most important reason to be bullish is , does the company make money? We know the answer . Not only are they making money but they are making enough money to be confidant in buying back 11 million shares, raise the Div. 100% and still have lots of money left over. But what about the future? Well the next two years , looking at steel futures , is telling us that the may not make as much money as right now , but still making alot of money. As one analyst put it a few weeks ago 'What if these steel prices are the new norm?" If that is the case , then this company is the cheapest large cap stock in Canada. So why is the stock down today? I think there are program traders who trade X , CLF , NUE ,STLC with a push of the button. They all go up and down together. The problem there is that STLC is a FAR FAR better company than the others. It is up to the management team and the analysts to point that out. Bottom line: I bot more today and will be holding for a while.