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Cliffs Natural Resources Inc. Message Board

  • imaginejml Oct 9, 2013 10:20 AM Flag

    $20 for clf is an important line in the sand, not to be compared with one of Obama's red lines that get moved around at will. Other than the

    June to August period where clf traded sub $20 since July of 2009. you guys know I have been harsh in my debates as to the limits of how high clf can go ($25 - $28, and now I am wondering about that), but I have been a staunch supporter of clf when it hits the lower ranges of its trading ranges. I do believe clf has a bottom to it, and I hope this is it.

    I am down 11% from my last trade but put most of the blame on Washington right now.

    For those oy you on this board who lately post about how bad clf is, have you looked at all the other materials companies on a 10 day chart. The story is the same everywhere in equal measures, so please come up with a better argument.

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