Horrible recession: Why are steel stocks breaking out?

Quote from Warrior4g:

STEEL stocks are up based on a weak dollar.
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That is a simple generalization.
There is more to the equation than that.

There has been very strong demand for steel ( also with such steel companies as POSCO of South Korea ) across the board which has resulted in higher prices being commanded by steel companies worldwide; not just those based in the U.S.
 
Quote from PohPoh:

Easily the stupidest poster on ET...
recession = 3 consecutive months of job losses...FACT
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Why do you keep entangling with posters like me- who can put you in place in a flash ?
 
Quote from HedgefundTrader2:

Why do you keep entangling with posters like me- who can put you in place in a flash ?
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You can't put anyone in place...
your ideas and thoughts are based on your delusions...
they have no semblence in reality...

And more importantly, you are losing badly this year, so you should just shut it!
 
Quote from robbie380:

you do know the definition of recession, right?
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IF he knew the definition of recession he would be lot smarter and lived a better life. He wouldn't be scared of recession either.
 
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