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Warren Buffett’s great stock market timing move
Nothing strange about the 2008 bear
There have been a lot of comments in the media and among investors all year about how strange the stock market has been acting this year.
I don’t agree. Except for the wild day-to-day volatility (after the SEC allowed the abolishment of the up-tick rule on short-selling last year) the market has been acting quite normally.
It handled the turmoil created by the collapse of the housing bubble and the onslaught of the sub-prime mortgage mess last year quite well, reaching a new bull market high in October of last year.
Always looking ahead six to nine months,…
18Nov2008 | Street Smart Report | Comments Off | Continued
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