re: us consumer prices rise pt 6pc snake,
if you want to get back in u have to take a chance.
1. it hit $10.65 on open, big opportunity in hindsight.
2. it could drop more during the next week or so but how much really?
3. there will no doubt be some up days when it recovers nicely and then gets punished again. Where will it be on those days? $11.30? $10.50? $9.50? i think not. $9.50 would put zfx on a forward PE for 2007 according to macquarie of 3.37 based on $2.82 eps.
4. u are not going to give your zfx away in a hurray.
Average back in over the coming month and take an opportunity to average down when u can. No one, not even the great Muzza22 who picked zinc hitting $1.50/lb before anyone else, can tell u where the bottom is.
not advice just thoughts. best wishes ae
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re: gonna close under 11, page-7
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