Mid-Day Update (15 May 2008)

SSTEEL closed up another 56c at 3.76 (day high 3.78) on 13 May. This was the biggest 1-day gain in an 8-day streak. Sold a few quite early at 3.36 and 3.34. Yesterday, other steel stocks joined in the sector rally, while SSTEEL moved to a high of 3.96 before closing up only 4c at 3.80. Today (as of now) it's down 16c to 3.64... most other steel counters correcting as well.

Latest purchase:

TA-WB: +30,000 (0.295) ... Total 30,000

Latest disposal:

SSTEEL: -1,000 (3.34), -2,000 (3.36) ... Balance 2,000


/ichithekiller