Someone suggested the reason I was against PM's was because I...

Someone suggested the reason I was against PM's was because I got burned years ago.

The fact was I a got a scare but never lost money.

Made a million in 2 days and lost a million the next day and that wasn't even when it was volatile.

But I did see what happened in 1980 and studied the history and convinced me it was for the very nifty and although I am nifty, I decided to pass forever.

I think we could see $25ish but we could also see any number on the upside.

Look at it this way.

If you think 50 down to 33 in quick time was nasty, what do you think you will see from 100 or 500 or 1000.

Yes, if you are nimble you will make a motza, but only if you can avoid the current down move even more wild from any future tops.

Go for it and this correction can be a great lesson in what to expect and if you have a plan then more power to you.