David Gurwitz who studies cycles says that the PMs will hit their low this summer before starting it's journey up. We will see if that happens or not. Will have some dry powder just in case we hit some summer doldrums.
Seems we all want to buy at the bottom but never do, always hoping on a bigger drop that didn't come to load the truck. I know Ive been guilty of that myself but have been buying some on a monthly basis when the prices are right.
I missed the bottom as well but have been investing in another commodity that has been more profitable. It's now time to switch over a portion of my portfolio. None of us should have any regrets as those of us that held on too long last time and got burned learned a great lesson.