Friday, October 17, 2008

Buffett Buys...We Listen

Warren Buffett is apparently gobbling up US equities left and right as they reach extreme lows. Don't you think this guy knows something about the markets that we don't? Don't you think you should follow in the footsteps of one of the greatest value investors? I sure will. Like I have said, the markets are getting too over-sold and it's time we make the track (possible long and hard) back to "normal ranges" (i.e. at least near the 200 day moving average). Be careful in the volatility today!

"Be fearful when others are greedy, and greedy when others are fearful."
~Uncle W. Buffett~