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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: porcupine --''''> who wrote (1091)3/3/1999 6:14:00 PM
From: James Clarke  Read Replies (3) | Respond to of 4691
 
I guess I disagree with your assessment, Porc. Buffett has been asked THE QUESTION many many times and has always dodged it. I have never heard him say as clearly as he did last night that the market is headed for big trouble. I think that is about as close as he is ever going to come to saying GET OUT NOW! Therefore, I conclude that that is exactly what he is trying to tell us.

He's got to come up with some new jokes.

The highlight for me was the five second camera shot of Berkshire's office. Most GEICO insurance AGENTS have nicer offices. My money is in good hands.

JJC



To: porcupine --''''> who wrote (1091)3/3/1999 7:08:00 PM
From: Fredman  Respond to of 4691
 
the ONLY flaw in this theory is, we've been hearing this for almost 4 years now. I agree - some (really stupid) stocks are WAYYYYYY overvalued - the usual AMZN YHOO XCIT EBAY etc. - i just see a LOT of people making quick money in those, and the DELL's, and they pull it out and go into the solids like DIS GE GM F AT&T, and down stuff like SLB HAL, etc. and fairly conservative growth/bond Mutual Funds.