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Berkshire Hathaway Inc. Message Board

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  • bobo21029 bobo21029 Oct 9, 2002 9:53 PM Flag

    capitulation

    ....it's going to take a while, a couple more years to get to the bottom of DOW 2800-3200 and S&P 300-350....that's what the charts look like to me at any rate....so it's no rush as far as I'm concerned.....bargins are coming......the challenge will be defending cash until then, and that will be no easy trick given the storm clouds that are darkening over the financial system....check out the fine print on your broker's "safe" Treasury MM statement...check out your bank's strength rating...you may be surprised; I know I was...I wish everybody good luck because I think we're all going to need it before the messes of the 90s play themselves out....
    the beat goes on....
    Bobo

 
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