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Shorts are being squeezed- stay bullish on Steel

shammara.huss...@gmail.com

>From mid march to mid April the dow went from arond 12000 to almost

13000, and ATI gained 14.7%. Steel will continue to act bullish and I
would buy on pullbacks because:

# valuation overall is low
# strong fundamentals, can use extra cash for share buy backs, low
risk, etc
# high chances for consolidation
# rising steel prices
# lower imports and lower inventories will drive earnings higher from
here on

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