Yo Ya'll....I's iz nearly ALL IN..... I'm very near all-in....as of early this AM. PG looks like it's at or very near a tradable bottom (NSR, BSX, LYD, etc are also worth a serious look). Note the positive divergences on the oscillators......they're always a compelling 'textbook' signal (see below). But this sector has endured allot of false breakouts over the last 18 months - note the mid Sep 2012 'golden cross', which occured very near the 52 wk high - a MAJOR bull-trap that was!).
Yep, I suspect the downside risk is very limited......about as limited as it can get in this extremely HIGH RISK sector. The upside could be steep and fast.....like real dramatic like! Just saying, but I'm now 10% longer this company.....nnnnnngulp!