remember how gs sold cms's to there clients and than turned around and shorted those same collateralized mortgage securities? same with clf. gs tells there clients and others to short and than gs goes long on the reduced price with shares/calls and cleans up. wake up #$%$.
December 12, Chinese new leaders will have a meeting about the direction of its economy. It is reported that likely the theme will be cautious expansion. If it turns out to be true, CLF should have a good run up.