Buffet said short on the 11th january

[john_1]

just would like to remind you, about one short sick buffet that said sell on the 11th Jan..

[SimonPB]

an 9 days later the US markets ahve hit 15 month highs ?? so timing was dodge an err maybe jes wrong ??

[john_1]

you were not here. I had a dream about buffet, and when he stood up he was 2 feet talk then fell down in a foaming heap.. next day..the 12th ..I posted here to go short our market.. 1000 points to the good.

[HateGauteng]

Wish I could have wet dreams like that . . .

[john_1]

Lol.. ya dreaming of baffon is a real turn on...

[saash]

Wow John - I didn't see that post - quite a vision. Lol. Let us know when he rises from the ashes again see!

[#7]

So what is the geustimate for today - down 2%, unchanged or minor recovery? Can't make up my mind but think we will end down like the rest of the world!

[john_1]

well officially if we end down today..bull is dead.. TA weekly close below uptrend support.

[saash]

Gap close probabilities John?

[#10]

MY rusty and cloudy crystal is saying edging to a no close day, more wekness but should hold at 23800 to 24000, but like I said this weird cloudy mist inside is not good to see through... I am mostly cash on the side for the moment ;-)

[john_1]

saash. not sure.. we are holding and so that says yes..gap close, but there is a lack of pannic on this forum, usually a good indicator to me that the gap will close..(high emotions)//experience says yes.. but with such a key tA reason to sell any stength might be seen as an opp by bulls to bail...I expect an attempt to close but would guess it will fail

[richardw]

Some very unwilling predictions going on here! Come, predictors - now is when the flock needs you :)

[GarethJ]

I sold all my winning Commodities except MVL today. Banking profit or panic? We'll let my psychologist decide...

[#14]

FTSE100 showed signs of recovery last night but tanked as the DOW opened, i reckon ALSH green by monday pm, went long ANG(closed green yesterday), but i'm probably wrong...

[Wizard]

When the Dow was 9500 back in 04'05'... Buffett said that nobody should buy. He was right...but missed his estimate by 3-4 years!!

[saash]

Buildup looks promising.

[john_1]

well saash looks like the market says gap close

[saash]

I wonder if a 50% retracement is pushing it a bit.

[saash]

The US futures still shows a little potential for it.

[#20]

Unfortunately my down 2% seems to be realising!