Imperial Metals (IPM.T) Message Board

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

IPM 1.920

-2.0%

Nov 6 3:59 PM EST

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To: refugee investor who wrote (1166)	9/17/2012 12:55:18 PM
From: Italian Investor	Read Replies (1) of 1366

I only own 6 stocks RFP, DVN, NFX, L, HPQ and GM. I sold out of MBI when it went over 11 usually I keep a little but this time I sold out no reason really to exit actually think it could run considerably more same with BAC. I made a good chunk of change on that name buying/selling but do not think I will revisit this name unless it goes back below 9 which is doubtful. I have shorts right now on JGBS, YCS and TZA overall I am maybe 20% long stocks. Never in my life have I had such a low weight in the stock market. Going forward I will only be buying commodities if they pull back don’t really want to be in anything else. Both those names look similar cheap looking @ WDC and STX but they are really close to there 52 week highs which makes me not want to own either. They look far from expensive although but in saying that for me it is really hard to value anything I have no idea what is what take the Fed away we are well below 1100 on the S&P. This market is so manipulated it is funny. Does it really make sense to try to make another housing bubble and stock market bubble? Going forward I am going to watch you guys make all the money while I stay pretty much on the sidelines. I am pretty sure within the next 3 years there is going to be a blow up and if someone put a gun to my head I would say it is coming much sooner than that and if I am right I will be investing in a much safer market. If I am wrong well I am sure I will still do better than most because most are not playing the game. If they paid a little attention or educated themselves just a little on finance the Fed and all our leaders would be hung it is really reckless.

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