To: refugee investor who wrote (1114 ) 7/12/2012 9:05:43 AM From: Italian Investor Read Replies (1) | Respond to Refugee, the video is from Nov or Dec so you might have already saw it. I am following him by shorting the Japanese 10 year and plan on shorting the Yen with an etf when I see them setting lows. I cannot kill his thesis and seeing him down so much on his bet makes me bullish. The 10 year is right around .80, if they blow up like Italy or Spain we are talking 7% that is like an 8 bagger, if they blow up like Greece well we are talking what a 40 bagger. I am becoming more cautious every day and looking for ways to protect myself. This idea you don’t need much capital to make a good chunk of change. I think doing nothing is smart cash is very valuable especially if Watsa call on deflation unfolds. I honestly think Imperial is going a lot lower it is reminiscent of 2008 when I starting buying around 14 and it went to .93 cents. I never ever think it is going that low again but it would not surprise me to se it go under 5 which would be under 10 split adjusted. Yea Nokia when I last checked was just going under 2, RIMM is pretty beat up also I am risk adverse right now but both of these names could be multie baggers if they get something that sticks I would get interested if I see an insider buy a good amount. I will have to check out Forrest have not looked @ that name in a while. Well I guess Natural gas for you is like coal names for me I am losing my shirt. NG I am holding up strong only due getting lucky trading. Jimmy Rogers spoke not to long ago about NG saying it looks like it is going higher but if we get a blow up he expects NG to revisit its lows. This is far from a normal recovery and the E cannot be trusted like Bass says in the video. The best macro guys are so bearish hear Watsa, Bob, Bass, Rogers, Grantham, Faber, but they all see to believe largecaps are the best house on the street.
