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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.970-0.5%Oct 31 9:30 AM EDT

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To: refugee investor who wrote (1329)11/18/2013 7:34:39 PM
From: Italian Investor   of 1366
 
I messed up a few weeks back I loaded up with XCO before earnings and boy that cost me!! I got caught I lost most of my gain for the year on that name I figured what the hell every other energy name I follow took off beside them and I took a gamble and it did not work out. I am still pissed off putting so much money in that name. Well here I am up 5 % for the year with the market now up 26%. What hurt more SFY and MCF went up like 15% and XCO went down like 20% and I sold SFY and MCF to buy XCO. Anyways now I am pretty much risk off I put a good chunk with Daddy (Prem Watsa) and now own a sizable stake in Sprott Resources. Glad to see most of your holdngs are doing well accept for PWE. I think with the S&P hitting 1800 tocay and the Schiller P/E close to 26 you have the right idea trying to be more conservative , but I was saying that when the S&P was 1400 so take what I say with a grain of salt. Not much cheap IMO beside energy names IMO.
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