Bought Mittal Steel

Bought 100 shares of Mittal Steel (MT) at $21. I have owned shares in Mittal Steel for the past three years but at a much higher cost basis. I think that many of the metals like steel, aluminum have already bottomed. Oil appears to have bottomed in the 30′s and has been on a tear climbing all the way to the mid 50′s. Hopefully, demand will pick up for metals as well which would help companies like Mittal.

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