I'm going to wet my toe on CLF, its just down to much to not take a chance on the risk. Very similar to the rails in the spring of 09. That turned into a triple but I'm getting a bit antsy on them right now. Could be time to go to ground. Looking for other options, no BIOs. Too much trouble. LOL
As to the water plays, I keep coming back to HEK, just not seeing any other real long balls out there. Have you come up with anything interesting??
Jin Long and calm
You can hold off a couple of days on CLF, I think you can get it a bit cheaper for the long haul (should be a good trading stock for the quarter). I like everything about HEK except 1) Cramer pumped it 2) Holtz is on the BOD. If I do put in anything into HEK it will be long term, it is not a good trading stock for me. Eyeing AWK or AWR as a water utility play for the long term. ASTRO's look like the team to beat in the Lone Star State. With the switch to the AL, now the Cubs can be the only 100 game loser in the NL this year.
Slugger: I put AWR and AWK on the radar but their short term gains are a bit of a worry, well more than a bit. Both look like solid groups with sound management and could be a grate play if we get a pull back. I;m still going to play CLF. Side issue they are one of the largest land holders in the country along with GP, BC and others. I still follow that old adage, "they ain't making any more of it".
Jim Long and calm
CLF at 18.90, 18.50 and 18 look too be good numbers... HEK is at support and I might start scaling in this afternoon. Water -- CLH would be ok if they paid a Div.. but at a 17 pe and no divy, just seems too expensive right now.