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


To: Italian Investor who wrote (606)8/24/2010 8:29:05 AM
From: refugee investor  Read Replies (1) | Respond to of 1366
 
I have gotten over feeling sick about WTM. I checked and have had it only since 2001, and was surprised to see that most big stocks are also flat since then, just getting cheaper, and may continue to get cheaper, so it would not necessarily help to trade into BUD. I don't expect the insurance bus. to do great very soon either, on the other hand WTM is a kind of financial and may follow them up whenever they start to go up. Will probably sell a little in order to buy some AIG in the hope of spicing things up. I wonder if banks will go up if the Republicans do well in Nov.? They are suffering not only from the weak economy but also from uncertainty about new regulation.
GS is quite cheap on a p/e basis. You could argue that Bruce's no.1 bet is banks, since there is not so much difference between them all. If BAC gets to 12 I will be very tempted.