GS has cut steel and minors at their lows of the year and beyond.. They cut and short and then buy and sell down the road.. If anyone would take the time to look into it they would see.... GS has nothing but GS in mind.. I have bought and made money on the GS down grades... It is better to let the stock trade down for a while and then buy... If you buy into what they say the world will never need steel again... Miners trading at 30% below their value and PE's of 8 with big Divs are being killed... Steel is at historic lows with the world turning around and the auto industry gaining ground.. Cold roll steel companies have been killed and for what? You will be looking bac on some of these charts and saying " Why didn't I buy then... Like I said ... Funny!