OTCQX:PALAF - Post by User
Comment by
lenticularon Jan 29, 2008 6:34pm
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Post# 14285166
RE: Slovenia
RE: SloveniaThe FED meeting on Wednesday is kind of a no win situation. If they cut .25 everyone will say it is not enough and the market will sell-off. If they go .50 or the even more unlikely .75 then the market will go into panic mode as things must be 'really bad'. I also expect the market to sell off into February. I bought PDN is the low 4's not so long ago (not the best move I have ever made) and I fully expect to get some more in the low 3's within a month. Going to have wait for second half for any confident move up in the market and PDN.