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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Joan Osland Graffius who wrote (115540)8/3/2001 3:43:57 PM
From: Mark Adams  Read Replies (2) of 436258
 
MB replied that he last bought PD in single digits when I inquired last year. So I know there is serious risk in these plays. You might say, they are part of my soft landing hedge. <g>

I'm concerned that the W looks to be the more likely outcome, with a second leg down next year as the global slow down smacks a recovering US. If everything goes right, we might see a U/V instead.
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