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jjkirk

04/23/09 3:59 AM

#145331 RE: MetalFillBoy #145328

Deleted original.

rich ruscio

04/23/09 8:32 AM

#145336 RE: MetalFillBoy #145328

Look at a ratio of oil ($OIX, or your favorite) to USG and you'll see that it's coming in from the far right tail now, mostly from the collapse of oil price.

USG is at it's long term lows now.

My opinion is that USG is a reasonable buy right now, on that basis, for a long term hold.

Caveat emptor, I have the first of a multi-part position in place, at $14.

I don't usually get a chance to talk my book, cause I can't type that fast!!

Be well,

rr

ajtj99

04/23/09 8:52 AM

#145342 RE: MetalFillBoy #145328

The monthly Natgas doesn't have much support until about $2.60, and ultimately it may go to $1.88, the 2001 lows.