Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dale Baker who wrote (9131)	5/25/1998 1:34:00 AM
From: chester lee	Read Replies (2) of 18691

<<Anyone thought about shorting BRKA and BRKB in a general downturn? If BRKB breaks current support at 2370, there is nothing to hold it up until the low 2200's. I don't see Buffett trading heavily to get out of the way of a market correction.>> Dale, you need to read Forbes June-01 mag, page 48, where Buffet comments on how the current estimate of BH having to pay one 1B of taxes is probably low. The implication is that Buffet must be selling a lot on long term winners to incure that sum of fed tax (at 38% corp taxes). Buffet selling is surely a sign of a market sell-off. Look-up at www.forbes.com I subscribes to the hardcopy, so I don't know the exact URL. Chester

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next