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So far, past two days’ rally effort appears to reinforce that this is more of a 2-5 days technical rebound that occurs post a 90% Down Day (Friday’s sell-off). Today, Dow is rallying over 100 points and other indices are not too far behind. It...
Warren Buffett’s Berkshire Hathaway (BRK.A) said Tuesday that it will acquire the remaining shares of railroad operator Burlington Northern Santa Fe (BNI) that it doesn’t already own for $100 per share in cash and stock in a deal valued at...
It’s been quite a while since I last collected feedback from OPNewsletter subscribers. Since we have passed through one of the most cruel bear markets of our time, I thought it was a good time to understand if OPNewsletter was still adding value or...
Another excellent month for OPNewsletter. Oct’09 was 19th positive month out of past 20 months since I re-opened OPNewsletter in Jan 2008; a period that includes what is termed as one of the most fearsome bear markets of all time. All the 5 portfolios...
So Dow managed to cross over 10,000 stayed above that level for the past two days. Where will it close today, no one knows and hence let’s discard today’s move.
So is it time to celebrate great news of 10K crossover or time for caution? No doubt,...
