Friday, 20 February 2009

Steel Dynamics & the Obama Stimulus, part II

Ah, must say I took some fright at the market action yesterday and closed Steel Dynamics for a loss at $10.40.

In sum, with markets set to test November lows (which might mean bouncing hard off them) and the portfolio net long reigning in some dubious exposure (on a technical basis) suits me fine as I sit tight and peruse this site sent by a friend for new tipple.

Still liking the STLD idea, though. Just needs some cooking.


Related Posts with Thumbnails