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The Blue Chip Cycle

I posted this elsewhere but thought I would put here as well

A one hour interivew of Warren Buffett by Charlie Rose - October 1, 2008. (The bail out will make money if you buy at market)

www.charlierose.com/gu...

If the above link does not work try this one

video.google.com/googl...

Buffett's GE Warrants Quickly Trade Out of the Money

Back last Thursday (Sept 25) during a 'softball" interview with Immelt and his CNBC shills, GE stock popped from 23.50 to over 26 closing at 25.68. According to Immelt, even in a difficult world all was well for General Electric. Maybe he was hoping that Buffett was watching.

www.cnbc.com/id/158402...

What Went Wrong at GE?

Mark Haines co-host on Friday AM shared with CNBC viewers that “there was a silver lining to the GE sell-off stating that every time the stock has sold off in the past, six months later the shares fully recover e.g. an easy 10% to be made (13% by the close). Normally they’re pretty cautious when discussing the mother ship. At least Haines, who is one of the few straight shooters there rolled his eyes and said “I’ll believe it when I see it”.