Buffet is more than an investor, he basically takes over companies. Anyway, these market movements are not that spectacular if you look at a weekly chart over the last 10 years. No doubt the rally will be until some real economic growth can occur, and not fancy slicing and dicing of financial products.
who give a shit about buffet if you are daytrader or trader. trading is a totally ball game buffet doesn't have any money on the table.