Everyone seems convinced that a BOTTOM is here on PM: this board: TV: at the pub: church etc. you get the picture. Listen: if a BOTTOM is here and you buy here good for you. On the other hand if the RECESSION is deeper than negative GDP of -1: for first 2 qtr.s 2009 and if UNEMPLOYMENT goes to 8%: THAN THE STOCKMARKET GOES DOWN ANOTHER %20: and PM goes to $25.....easy.
I don't think PM will run here is all I am saying it will go back to $35 on some spike down..........plenty of time to buy.....your right I have changed my tune as I think the RECESSION is worse than people think.