Imperial Metals (IPM.T) Message Board

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Gold/Mining/Energy : Imperial Metals (IPM.T)

IPM 1.940

+1.0%

Nov 7 9:30 AM EST

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To: refugee investor who wrote (992)	2/15/2012 5:47:44 PM
From: Italian Investor	Read Replies (1) of 1366

Good story and another good investor who lost money with OSTK yikes. Not many investors came out winners in 08, so you know he is a good money manager. I will check out the blog this weekend looks interesting. I am not as bearish as Marc Faber but after Obamas budget plan along with the up everyday environment made me bearish enough to be 30% cash right now. There are way too many bulls and not enough bears for me to be fully invested. I got caught once with my pants down in 08 where I lost a lot of money and I am not going to make the same mistake twice. I think one has to be conservative in this environment and remember how far the market has come (666 to 1350). Looking to get into more high quality names going forward if the market cooperates.

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