> I have followed [X] US Steel day to day for the past 2 months.
> Regretfully, I did not purchase shares of it in the summer, one of my
> close friends who also trades feverishly bought options as well as
> many shares of it. He sold out at 51 saying that X has appreciated and
> would soon need to take a breather. Sure enough 10 days later X drops
> to approximately 40$. Now that the stock has corrected itself it is on
> course for some new quick gains. We believe it could reach 50$ again
> in the next week or two.

> In my opinion, X is a very good play in the short and long term.

> Anyone else care to share thoughts?

> OUprotrader,

> I have been trading X for 3 years...It is avery good play short or
> long.  This year I got in late at 41 and sold at 46 when I saw the
> downtrend ( I have a trader's mentality).  Only made a little bit of $
> but better than a loss.  I got out for 2 reasons...one, the sector was
> downgraded due to slumping sales and second, earnings is coming up
> soon and I think they will miss earnings.  Therfore, there will be a
> sell off after earnings, X will go to the 30's and I will jump back in
> and ride it up to wherever.  I'm a trader though, I dont believe in
> holding stocks for the long term so I play the cycles of X.  Very nice
> stock, one of my favorites, always makes me $ even if its not alot.

> On Oct 7, 4:02 pm, OUprotrader <stuarteastw...@ou.edu> wrote:

> > I have followed [X] US Steel day to day for the past 2 months.
> > Regretfully, I did not purchase shares of it in the summer, one of my
> > close friends who also trades feverishly bought options as well as
> > many shares of it. He sold out at 51 saying that X has appreciated and
> > would soon need to take a breather. Sure enough 10 days later X drops
> > to approximately 40$. Now that the stock has corrected itself it is on
> > course for some new quick gains. We believe it could reach 50$ again
> > in the next week or two.

> > In my opinion, X is a very good play in the short and long term.

> > Anyone else care to share thoughts?- Hide quoted text -

> - Show quoted text -

> I have followed [X] US Steel day to day for the past 2 months.
> Regretfully, I did not purchase shares of it in the summer, one of my
> close friends who also trades feverishly bought options as well as
> many shares of it. He sold out at 51 saying that X has appreciated and
> would soon need to take a breather. Sure enough 10 days later X drops
> to approximately 40$. Now that the stock has corrected itself it is on
> course for some new quick gains. We believe it could reach 50$ again
> in the next week or two.

> In my opinion, X is a very good play in the short and long term.

> Anyone else care to share thoughts?