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<p>[QUOTE="Brett_in_Sacto, post: 2475802, member: 71510"]My two cents is that this is the squeeze play of supply and demand at work. The price was relatively low and went up quickly (world issues, fear, etc). Those that bought in early anticipating the price increase are selling into the rally. Lots of people unloading to book the profit from buying over the past year (available supply) - and late comers to the game are trying to catch the ride on the way up (demand). </p><p><br /></p><p>Market is now being fulfilled with those trying to book the profit (supply increase) and the demand is being met - even exceeded. Prices are starting to pull back.</p><p><br /></p><p>I can see a pullback - as prices start to flatten. Long term, I think there is growth - the short term, I could see a pullback to 18, even 16. I see a buying opportunity coming up.</p><p><br /></p><p>Dollar cost averaging is our friend now.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2475802, member: 71510"]My two cents is that this is the squeeze play of supply and demand at work. The price was relatively low and went up quickly (world issues, fear, etc). Those that bought in early anticipating the price increase are selling into the rally. Lots of people unloading to book the profit from buying over the past year (available supply) - and late comers to the game are trying to catch the ride on the way up (demand). Market is now being fulfilled with those trying to book the profit (supply increase) and the demand is being met - even exceeded. Prices are starting to pull back. I can see a pullback - as prices start to flatten. Long term, I think there is growth - the short term, I could see a pullback to 18, even 16. I see a buying opportunity coming up. Dollar cost averaging is our friend now.[/QUOTE]
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