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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?

To: refugee investor who wrote (307)	4/6/2010 10:04:49 PM
From: Italian Investor	Read Replies (2) \| Respond to of 1366

He seems like a bright guy. I am running out of things to sell I reduced a number of positions further today I am about 60% cash now, sadly all in USA dollars @ the moment earning nada. Have no idea what currency to buy @ the moment I like the Canadian dollar but it has had a hell of a run lately. Like the Yuan but it is a waiting game on that one and it is hard to buy that currency I only know of CNY & CYB. Looked @ everbank.com and all the CDs they offer do not pay anything. So, it looks like I am stuck holding USA dollars for now and I will try to recycle that money trading here and there. I hate holding this much cash, but after a 80% run up on the S&P in about a year we are way over due. I have been saying that for a while now and the market keeps on chugging. Who the hell is buying now after this massive run up? Yea there are a lot of stocks that are reasonably priced, but I would think if there is a little fear we are going to see massive profit taking. How can people forget how cheap stocks became just a year ago. I am very fearful @ the moment I do not want to lose; I am very satisfied with the return on investment I received this past year. Just looking for a small percentage of what I got last year and I will be a happy man. This is not the time to be greedy I am becoming less and less interested in stocks with every up day. Bill Gross pimco.com