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Non-Tech : Invest / LTD

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To: Lucretius who wrote (4398)10/18/1998 11:47:00 PM
From: Peter V  Read Replies (1) of 14427
 
This bearish article ought to warm your heart, LT. Berkshire Hathaway has its largest cash position ever.

Message 6064510

THe big question is whether that is because they have made more money than ever before, or whether they are being defensive (probably both).

Now for the nightly crystal ball gazing based on the overseas action (which has been all but worthless as of late), Gold is down to 301.1, dollar down .17, yen is up .65, stock futures are about flat, while all of Asia except CHina and HK are roaring higher, Nikkei up over 3 percent. I'm not even going to guess what it will mean for tomorrow.
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