ronstieb: Unfortunately, that Greece (and now also Spain) problem is going to re-surface during JUNE for sure (when the Greek elections will be held). It is quite astonishing how a tiny country in the European context (Greece - just about a mere 2% of Europe's GDP) can have such a HUGE influence on markets worldwide...
One thing is for sure (and even if/WHEN Europe-wide a recession will occur): The world will continue to need ENERGY. China/India etc. will continue to be BIG users.
All JIMHO, of course.
All the best to all PCL longs.
wasa
when to get in?, page-22
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