08 Futures

[TheEngineer]

PW, I too stayed out of the 08's even though the prices dipped. The 05's have come down as well and it is the better vintage (picked up bottles of Langoa Barton for $129 a mag which was below the initial release price.... and there are other sales as well). So while the 05's are more expensive still than the 08's but margin is much less than before and the wines are much better. The only thing I regret is not picking up a case of Lafite when it was in the $2k's area.