Eli Lustgarten
![Eli Lustgarten](/assets/img/authors/unknown.jpg)
Eli Lustgarten
credit levels lower showing
You've got to give them credit. They're showing better levels of profitability on lower volumes.
lousy report
The report is lousy but it is much better underneath.
fact favorable industrial profit quarter steel strength taking weak
The fact that it was all steel with weak industrial and automotive is not the most favorable mix. With the strength of the stock, profit taking is not uncommon, particularly after a quarter like this.