<<BRK/B looks to be making a double bottom on rising RSI.
Russell 2000 moving higher in tandem with the Naz. Should we discontent SPX and follow the RUT?>>
Brka and brkb for me is a hedge, it is convertible arbitrage, when you buy it you are being contrarian, you see right now people in dorves getting out of the old economy and parking in the mirage of the new, hwne the tide will turn I don't know when these very same people will try to find value, at 65000 it was expensive at 40000 it is steal, when these guys come for value let them get it at premium.
RUT for me is important tells me hide and seek game being played by astute investors, booking cash flow strong companies..
SPX-- disregard, Never ever say that again (ggggg-- please take it as a joke, I am afraid to joke, my gg's have little impact) Never ever disreagard futures on www.quote .com always look at the supports we highlight or you determine, last night at 3.00 I betted with someone that DOW will close a lot sharper down it was moving between 128 down to 170 the reason I gave was that they will like people to short in panic, and PFE 100,000 shares did hit right in the closing minutes, 9800 was my target if 10000 is taken out, that was practically hit on Monday they will continue the roller coaster may be on the other side, get people crucified, the best thing select the stocks that matter the most and eep your keg for the opportunity as panic sets in below 9800 to lower 1280 area...on SPH, this if we stay below 10000 on Monday and Tuesday.. |
