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Post by clinton on Jun 9, 2014 7:15:11 GMT -5
steel Attachments:
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Post by Herceg on Jun 16, 2014 9:10:03 GMT -5
AKS was upgraded today.........probably just for institutions to exit on the pop.........
JMO and BOL.........
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Post by clinton on Jun 19, 2014 8:24:18 GMT -5
China’s domestic steel markets remained sluggish on Thursday June 19, amid slack sales and weak sentiment.
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Post by clinton on Jun 23, 2014 5:55:16 GMT -5
so much for fake PMI
China’s domestic spot steel prices were unchanged on Monday June 23 as positive economic data failed to generate any upward momentum in a lacklustre market.
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Post by clinton on Jun 23, 2014 5:56:03 GMT -5
China Beige Book, HSBC Manufacturing PMI Paint Diametrically Opposing Pictures Of China's Economy Submitted by Tyler Durden on 06/22/2014 - 22:07 S&P 500 futures are jumping exuberantly as Japan and China PMIs print above expectations and back in expansion territory (Japan best in 3 months, China best in 7 months). This is China's best 2-month PMI rise since Oct 2010 (which makes perfect sense amid the collapsing housing market and CCFD ponzi probe) - which provides the perfect propaganda meme that targeted RRR cuts workl. However, while stocks don't care to scratch the surface, there are 2 glaring similarities that could become a problem. Both China and Japan saw employment drop (Japan's first in 11 months) and furthermore both China and Japan saw input prices rise and output prices decline - not exactly the margin expansion dream everyone is hoping for... and all this as China's Beige Book shows the slowdown deepening on most pronounced quarter-on-quarter drop in 10 quarters of surveys.
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Post by novie08 on Jun 27, 2014 8:20:33 GMT -5
At least something is volatile.
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Post by jacksrbtr on Jun 27, 2014 9:27:10 GMT -5
At least something is volatile. I suspect there will be a time in the distant future when it will be appropriate to say to that: Be careful what you wish for. Bwahahaaaa (actually the level of Market complacency is closing in on the all-time high....so watch out!)
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Post by novie08 on Jun 27, 2014 10:48:16 GMT -5
Not wishing for volatility, just sayin'.
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Post by clinton on Jun 30, 2014 7:09:10 GMT -5
Jun 30, 2014 - 11:54 GMT China’s domestic hot rolled coil prices posted their first movement in close to three weeks while those for rebar remained steady on Monday June 30.
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Post by jacksrbtr on Jun 30, 2014 7:41:18 GMT -5
Jun 30, 2014 - 11:54 GMT China’s domestic hot rolled coil prices posted their first movement in close to three weeks while those for rebar remained steady on Monday June 30. When I lived in Pittsburgh I found that the women there came cold-rolled.
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Post by novie08 on Jun 30, 2014 12:22:31 GMT -5
Jun 30, 2014 - 11:54 GMT China’s domestic hot rolled coil prices posted their first movement in close to three weeks while those for rebar remained steady on Monday June 30. Have no clue what this means.
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Post by jacksrbtr on Jun 30, 2014 13:49:28 GMT -5
Jun 30, 2014 - 11:54 GMT China’s domestic hot rolled coil prices posted their first movement in close to three weeks while those for rebar remained steady on Monday June 30. Have no clue what this means. Chinas hot rolled coils are a commodity like any other. Today they apparently edged up a buck. When in doubt Novi - GOOG it!
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Post by clinton on Jul 30, 2014 6:04:23 GMT -5
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Post by clinton on Aug 6, 2014 7:06:45 GMT -5
Platts China Steel Sentiment Index Suggests New Steel Orders Flat in August
August 6, 2014 BEIJING, Aug. 6, 2014 /PRNewswire/— The health of China’s steel sector is not expected to greatly improve in August, with the industry largely anticipating that new steel orders will stay flat over the next month, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 46.97 out of a possible 100 points.
The August reading is up 1.07 points from 45.90 in July, and is the second consecutive month the index has remained below 50.0.
The Platts CSSI reflects the responses of steel makers, traders and exporters at the end of each month to questions about new orders for the month ahead and the proprietary survey contains additional sentiment readings on production, inventories and prices. Similar to a purchasing managers’ index, a CSSI reading above 50 indicates an increase/expansion and a reading below 50 indicates a decrease/contraction.
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Post by clinton on Aug 11, 2014 8:47:10 GMT -5
economy is booming in china Attachments:
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Post by clinton on Aug 28, 2014 7:38:33 GMT -5
steel Attachments:
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Post by Herceg on Aug 28, 2014 7:52:27 GMT -5
X will feel it in due time............I believe Huh had a $44 possibility first............ JMO and BOL.............
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Post by huh on Aug 28, 2014 9:21:39 GMT -5
X will feel it in due time............I believe Huh had a $44 possibility first............ JMO and BOL............. Don't know...deleted my charts! lol Re-charted it. Looks like a bull flag for ~47.00, short term stop against 37.63. And that stop would be the buy spot today. Under that & have to wait & see. Longer term chart doesn't look so hot...but that's never stopped a Fed induced rally before Will post chart in a minute...
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Post by huh on Aug 28, 2014 9:24:22 GMT -5
X Bull flag... (Daily chart)
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Post by huh on Aug 28, 2014 9:26:35 GMT -5
Reason for 37.63 stop/buy point in X... (30 minute chart)
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