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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.970-0.5%Nov 11 3:59 PM EST
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To: refugee investor who wrote (697)11/11/2010 7:25:33 PM
From: Italian Investor  Read Replies (1) of 1366
 
Just saw that Grantham video I agree with everything the man says. His macro views are always right on. It is not hard seeing there are bubbles forming again. Bruce, I have not heard anything from him since he commented on JOE. His fund went up today with financials mostly being down so I am guessing that has something to do with GGP. I hate this market right now it is a head fake, but knowing it is a head fake you also know it might and should continue to go up like Grantham says the Fed and the politians seem to be getting on the same page. If you hold all cash it stinks missing out on all the fun and it pays nada, so you have to be active. I am very happy with the recent rally and do not regret selling most of the names I held even as some of them went even higher (CF errrrrrr got a quick 60% return and started selling out now it up a little over 100% in a very short period of time. I am a day trader in this market going forward with a few agriculture names that I am married too. I am going to get interest on my money by trading, but I plan on keeping a cash pile for many years to come never done this before was always all in after a 15-20% correction this time I am going to try my best to wait a little longer and take smaller bites this is very hard for me, but I am going to do it I hope.
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