RE:Reply to Two ViewsAnd the REAL world , steel futures prices were down $20 -$30 this morning and are now UP! Who knows how much homework theese guys do and do they understand the world macro supply demand and do they have an agenda. Foe example , what if an analysts boss said to him , "although we like steel and stelco , we have to book profits for our porfolios"
Bottom line for me is that I still think they have at least one or two years of strong (maybe not as strong) pricing and the wild card is Alan. What does he want to do with the cash. I will buy the dips as appropriate