Maybe I missed the bottom today, but I didn't hear any bell ringing the bottom. My bet is regardless of the rational or of fundamentals we still have downward momentum in resources. Gotta get some serious no brainer valuations again before we get money flowing in, rather than out.
Still had I been around when we hit 68.5 this morning it would have been looking tempting for a nibble. One them I like about my PNA investment is that it doesn't carry Gilliard/Swann risk, as I feel I have too much still carrying that very real risk.
EL
PNA Price at posting:
$3.55 Sentiment: LT Buy Disclosure: Held
