johngonole

Why Is Everybody Selling as Buffett Is Loading Up?

Regarding the bail out Buffet certainly seemed in a panic. I think Buffett is way early here. Markets will continue to tank for next month of so. I think when we are 50% from market peak we could see some stablization. The market might actually be a good value. But we need the crisis to pass. Furthermore I don't expect it to go up fast. Lots of bad future earnings in the way.