Folks this is why I was so serious in my stern comments that once in a late Phase II one must respect the bear.. He is now having his way with those doubters and the complacent permanent bulls. The PM stocks are now very over sold and could pop a rally at any moment, but I am staying clear. This has every appearance of a Phase III annihilation drive. The bear has the ability to do this type of run when he has led so many bulls into the market for the final slaughter.