Holy shit that's a scary yearly chart...........:-)
[Reply]

Ya, but I bet they partied like it was 1999 in 1999!

The upside looks to be that there's not much downside left.
[Reply]

US Steel looks real appealing at these prices but my fear is that it turns out just like GE in that it's not undervalued.

Someone here was a big follower, maybe Buehler?
[Reply]

Paging Hog's Gone Fishing.
[Reply]

I knew it was one of those farm boys, I just picked the wrong one, just like my stock picks.
[Reply]

Yep, me and Lewdog jumped on it when it was 15-20 and rode it to $42 and sold. I don't think I'm a buyer this time. I bought some UBER when it IPO'd at $42 and dumped it at $44, I have a gut feeling that was a mistake. It might well be a potential money maker when they finally turn. I think I saw it was $46 this morning.
[Reply]

I do not see US steel as a buy either. Too much in trade wars to worry about.
[Reply]

Only steel I buy is green unfortunately.
[Reply]

I'm gonna buy some Long Term Call Options for USX. I think it's a good investment longer term.
[Reply]

Could be, but as a guy that trades/brokers products around that industry, I wouldn’t touch that stock right now. I track coal and iron ore shipments that go into integrated steel markets (like USS). Lots of order cancellations in the last 2 months. That’s never encouraging news. FYI
[Reply]

I think all the negative news is somewhat overblown but I understand so many cancellations and changes with all the tariffs and trade wars.
[Reply]

I've got a JD 1020 for sale. 1973 model .
[Reply]

All I can tell you is that cancellations of large volume raw material purchases are never a good indicator.
[Reply]

It's a bubble guys. Run! Get out at the top. Buy gold and wait for the crash.
[Reply]

I do like a good sarcastic post.
[Reply]