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

To: refugee investor who wrote (395)	5/14/2010 9:25:59 PM
From: Italian Investor	Read Replies (1) \| Respond to of 1366

Yea I agree what you say and I own a few Stagwarts like WMT, FRX and BAX @ the moment ditched PFE and Berkshire again for a few % gain. Looking to buy back those names again for another quick trade. Financials are in the too hard pile for me so I have no interest in that bank unless a big guy I respect buys. There is some serious value out there just by looking @ what the big guys are buying and saying. Fairholme is like a financial etf now who the hell would of thought that a year ago. I might copy Berkowitz on a few names as they are finally starting to come down again since skyrocketing ever since I picked up some C @ 3.17 a few months ago, I should of sold 1/2 my position @ 5 I had my finger on the trigger and did not sell it would be nice to start a new position in C today instead of losing some of my gain. Value is starting to pop up again and I am getting excited especially when you can get companies now @ or very close to the same price as when the S&P was @ 666. Every name I started positions in today have single digit multiples and are cheap if they get cheaper that is only more money I am going to make in the long run. I ditched CYMGF.PK yesterday @ 3.67 because it does not track Natural gas correctly just like RJA and those other agriculture etns do not track agriculture commodities correctly. I should have done more HW before buying about Contango I just thought it was smoke. I should of made a few % on natural gas if it tracked the futures correctly looking @ the price of gas when I bought and sold but instead I lost a few % they are very expensive and it is stupid holding if they do not do what they suppose too, wish there was a better way to track NG. I bought most of my position when gas was in the high 3s and sold in the low 4s and I am taking a few % hit. I will never buy a etn that tracks agriculture or NG futures they are expensive especially the NG one prefer stocks. Been buying a lot of SD and some other names think that is a better way to go.