Let me preface this post by saying, I don’t really care too much about the quarterly earning reports for some of the companies I hold, Mechel (MTL) is much like Petrobras (PBR) and Vale (RIO) – while I realize the lemmings in the market will overreact one way or the other as if the world is ending or mermaids and unicorns have arrived based on a few cents here or there every 90 days, I am indifferent. These are very long term plays, and my positioning in them has more to do with technical patterns at any moment; rather than any earnings hit or miss or any 90 day period. To that point, I didn’t even realize Mechel reported today until a reader let me know – it will be part of the portfolio for a very long time – in fact when …