CLF as of Jan 21, 2009 6:24 PM CLF: NYSE $22.97 2.15 10.33% Open: 21.25 Previous Close: 20.82 Day High: 23.12 Day Low: 20.90 Year High: 121.95 Year Low: 13.73 Day Volume: 4,231,543

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Blue, the news today of a buy in had no effect on the SP today. The markets were strong today and CLF SP benefited from this. Also, normally the acquisitioner drops in price when an acquisition is announced and given the FWR buy-in is of a smaller scale it had little impact on the CLF's SP today. Also, Cliff's was hit pretty hard in the market downturn and is consolidating sideways in an upward channel and looks to have formed a higher low today which is a bullish indicator and appears ready for more upside action. My opinion only and please take as same.