Didnt Buffet just take a royal bath on his latest GE move?
SIRIUS XM SATELLITE RADIO FORUM
Didnt Buffet just take a royal bath on his latest GE move?
I dont know about that one... but I do know he just bit off a big chunk of Harley Davison Debt...
buffet's timing is never perfect but he always ends up winning in the long run. the point is its harder to win when u got all that money cause u are only investing in high priced stocks which usually have little room for growth.
exactamungo! He lives off of side deals, stock options, bonds, preferred stocks and interest. For a small individual investor it is stock prices. He is a company investor, not really a stock trader, even though stock is involved.Originally Posted by trippingthespeculatingpos
I ask "The Oracle", Newman,...am I wrong? If I am, I am willing to learn.
"The Oracle"?? I am touched...
I also find the article crap. Buffet does not have to reveal every trade he makes, only ones that he takes a 5% interest in the company or greater. He could be day trading every stock on the market without reporting. As long as he stays under the 5% radar, no one would be the wiser.
The only truth I see in the article is the last paragraph: Today's market is a godsend to small cap investors. I only wish I had more to invest... In 9 more months, you will hear what I have been saying for some time: The market has already reached a bottom, and will slowly move up from here.
For those who doubt me, I said it publicly on the front page back in December.
Wow, after rereading the article, that was a nice prediction... perhaps I am an oracle?
I have got to go get a nifty oracle suit now... Can anyone tell me what the hell an oracle wears?
If you are an oracle, you wear what you damn please and everyone then says you are making a fashion statement.
http://www.insidercow.com/history/in...&name=KARMAZIN
a link to all of karmazin's insider buy's
for you BILL!!!!!!
Last edited by trippingthespeculatingpos; 02-04-2009 at 02:39 AM.
You are right....We, in the market set the economy months before the "common citizens or populous gets a clue". I, also am buying everything that is good for as cheap as I can buy it, because it will grow when the market gets bullish.
The market is really trying hard to be bullish. We were over 8000 today in the DOW and over 1500 on the NAS. This is really bullish to me if we can stay at or over these levels.
It is possible that we can fall another time or two, but I hope not. Once we get to 8350 and over 1600, then the sell offs are coming again and we will have to fight through these levels.
If we can get through them, then we have a damn good chance of getting everything in motion and a full bull market for a while, but with lots of resistance.
It will take at least a month to get a good indicator of where the market is. We may have signs in the interim and believe lots of them, but we have to be on solid ground.
Far as SIRI, it is the toughest looking little stock on the market. It has been pronounced by people like the Motley Fool as one of the worst stocks that ever infected Planet Earth (paraphrasing). We saw it today in action and it held after two major a-bombs and climbed.
So, have encouragement...good things can happen...just keep your eyes open and buy all that you can in the market, because it will pay. Make wise buys or you could lose your money (Just my opinion)
(Just thinking out loud)
Bill
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