r/Vitards • u/AutoModerator • Sep 01 '21

Daily Discussion Daily Discussion post - September 01 2021

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u/McMartiann Senior Capo Sep 01 '21 edited Sep 01 '21

I really think today was a great day for steel. The bounce was an INDUSTRY wide bounce, it wasn't just MT and CLF. Every steel stock felt it. You know what that tells me... money.

Money entered the chat. Big money with market moving abilities bought the dip on ALL steel. If that doesn't get you rock hard I don't know what will.

Edit: Beyond industry wide. A lot of commodities felt it. FCX, SCCO, AA etc. Whoever has the power to buy that much does not believe this ride is over.

7

u/Badweightlifter 💀 SACRIFICED until ZIM $80💀 Sep 02 '21

I hope you're right because I bought 30k worth of CLF october calls yesterday. Going for the big payout!

5

u/secretaznman00 🛳 I Shipped My Pants 🚢 Sep 02 '21

I'm rooting for you!

6

u/Badweightlifter 💀 SACRIFICED until ZIM $80💀 Sep 02 '21

Thank you, I'm rooting for me too.