Plenty of people on this board think they know......... "The dow will bottom around 7854 and if it breaks there it should find support in the 6297 range" I find all of these people freaking hilarious.
what the fuck is that, a prediction???? you think you know?? listen, i am not even competing with you, i have worked and learnt from people far superior than most people on eliteloser. Say what you want, thats it from me.
As smart as Buffet is. he still has to live in a world of assholes, like many of you (read that any way you want). He's in the insurance biz big time , and reinsurance. How the #$% is he supposed to escape the fact that he's badly outnumbered , like I am, by endless idiots, imbeciles, crooks, morons, and jackasses. What he should have done 5 years ago, is hire hit men to take out those that were creating this problem. Would have been the best investment he ever made.
Just reminded by Barrons that the great one has that HUGE put position on his book that he SOLD a while ago. Paper losses are MASSIVE on that trade, but it doesnt expire for many years. This is one reason why his beloved stock got porked. So even the great ones succumb to the greed of derivatives. He will likely be dead by the 2019 expire date, so his successor will have to write out a check. or not.