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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?

To: ed doell who wrote (6149)	12/2/1998 12:53:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 7006

Ed: You're right... The steel sector stinks right now... The question is whether or not we are at a bottom here... If we are at a bottom or near a bottom, even dead money for 6 months could double, triple or quadruple in a relatively short time... Eventually scrap prices will recover... Until then it will look like the end of the world in this sector... Some of the best buying oppty's come when it looks like the end of the world... October 8th comes to mind for the general market... RECY is probably very close to its October 8th... Jim