The thing about this drop in Sp that is ok with me is that it entices new money to take a position. I know when I first bought it was after the pellegrino report. I watched it spike like crazy thenn slowly drift down. I didnt buy until it was around .75. That is where I saw value. So when you see a parabolic run you only get traders and chasers buying. Once it gets settled down and stabilizes a bit we will see large buying. I think we are nearing the level people will start to see value. However if we get major news people will be forced to buy earlier and we will get the traders and chasers again. So after the next major move we will probably see a pull back as well. Buts justvhow the market works. Try to imagine when you would buy if you didnt have a position already.
Bcd
