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


To: Italian Investor who wrote (1018)3/17/2012 4:03:21 AM
From: refugee investor  Read Replies (1) | Respond to of 1366
 
Hey! Good luck with your computer. I was impressed by the mac mini I got the folks recently if you are thinking along those lines.

I have not enjoyed the stock market in a long time as much as I have in the couple of days since the stress test
results came out. Quite a relief. Hope to see BAC in the teens again soon. State Street is acting respectable again too.

I understand your system is not simple, it is a mix of things, maybe you could describe it as taking advantage of short term moves in long-term trends or something, or keeping your eye on the ball and not getting hung up on a big idea. But I had to grin a little when you were banging the drum for nat gas and coal because my first reaction was that those themes could take years to play out. I do realise you are as likely to profit from a move in that sector caused by other people making a long-term bet, as you are from the long-term bet itself.

I have been nibbling at my nat gas dog in what is a rank speculation. I think they will sell a lot of stuff soon and bounce. Very stupid and ill-advised.