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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: Italian Investor who wrote (1086)5/16/2012 5:19:14 PM
From: Italian Investor  Read Replies (1) of 1366
 
I am going down like the titanic +30%+25%+20%+18%+16%+14% maybe tomorrow 12%, this stinks I felt like holding 40-50% cash would protect at least a 20% return boy was I mistaken and it brings back memories of last year when I jumped out to a fast start then got rocked. Anyways bought more JEF 13.40 & ABH in the 10s have no idea why I did that still think the market is going way lower. Think it might be better to wait for bigger percent drops in the future don’t see how this gets better anytime soon S&P 1200, 1100, 1000, 900 your guess is as good as mine. I was thinking 1150 would be the bottom, but now especially if there is no QE3, or global orchestrated stimulus plan we will take out 1150 pretty easily IMO. Prem deflation bet looks better and better every day and that is only good for my cash darn it that is no fun if he is right.
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