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Absolute Bottom... cannot be wrong on this one... ok I can but still i am in.
I think you may have called this one right. I am personally hanging back with real money to see if it approaches your entry point again, but I am thinking there is way too much cash sitting on the sidelines, hedge funds have dumped the comodities for the time being at bargain prices, and there will be new, big buying if this one gets anywhere close to its low. You may end up with the high score on this one (so don't "sell" until you see the whites of their eyes!)