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To: Nevada9999 who wrote (215987)	5/15/2012 10:08:30 AM
From: ralfph	5 Recommendations of 228136

I remember comments like this about 1/2 the way into the 2008 crash . Then I think back to the dot bomb crash and a poster who mortgaged his house and used all his cash to load up on a "NO BRAINER " stock that had been trading at over 200 bucks a share and he was loading up at 70 to 80 . The poor guy had to go back to work . He stopped trading because he lost all his play money . This market has not felt right for the last 4 years . Things have changed . About the only thing that may work is to figure " Times earnings " into the buy equation . LUN is trading at 10 times earnings , perhaps it is a buy at 7 times earnings and a no brainer at 5 times earnings . I have no idea because I have lost track of what multiple mining stocks may trade at . That and so damn few of what we invest in are creating cash flow from production . The "times earnings " is worth discussion here . We need to protect ourselves . The chance of a 4000 pt drop on the dow or TSE is worth calculating into your investment style . BAM

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