I dumped my puts 2 days before Buffett jumped in and got nicely singed. I then jumped into OXY because I expect the Euro to weaken over the next few days. This should strengthen the dollar and send oil prices lower. We'll see if I'm right.
IBM will drop below 150 on the next earnings. (if not sooner) Europe is a slow motion train wreck and IBM is getting whipped sawed in these wild currency exchange rate swings. Consequently Buffett will get burned. If he didn't already sell the day he made it public on CNBC.