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

To: Italian Investor who wrote (1034)	3/28/2012 2:59:46 PM
From: Italian Investor	Read Replies (1) \| Respond to of 1366

My NG and coal stocks getting spanked again today MBI UP 6% and my shorts up the only bright spots. Got a little courage and picked up some ANR 14.77 and XCO 6.61 and ANR is now in the 14.60s lol, started positions in TOT, and BP when they were down 1/2%. Commodities are coming close to 40% of my portfolio, thanks Mr. Market! I am betting the market keeps acting irrational on the names I hold and the names I am watching so the cash is high and the plan is to buy slowly. I think there is a huge mispricing by the masses that might get even better. Had to reduce JEF and sold out of BAC/AIG warrants to keep the cash close to 40% as I am still very bearish Marc Faber kind of bearish. Really praying to get a shot @ buying some names even lower. It is hard not seeing if Ben cant keep the market up it correcting 10-20% pretty quickly with all the headwinds right around the corner coal and NG names will most likely go down even more, so have to have a lot of powder avail to take advantage of these and what ever else gets thrown my way. I may be crying right now and crying much more a month or 2 from now because I expect my 30% gain which is now down to the low 20s to keep going lower, but I don’t think people are acting rational here to a more normal environment. If this global growth thing is going to continue we will be using much more of these guys and there is not an infinite amount.