the time has come for the yellow metal to really take off. in yesterday's session, pm shares were down quite a bit in the early session and gained everything back plus a lot more to close much higher. some made moves over 10%.
this signals to me that there are dip buyers around this area and we've found a nice support area. i'd pay close attention because the markets are overbought. it seems as if these dip buyers don't really give a rats and are buying to buy.
tomorrow should be a nice day for PM shares.
$47.28 (09/16/09)
