View Single Post
 
Old 05-22-2020, 06:04 PM
ColdNoMore ColdNoMore is offline
Sage
Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 10,509
Thanks: 82
Thanked 1,507 Times in 677 Posts
Default

Quote:
Originally Posted by JoelJohnson View Post
Warren Buffet believes in America too, but he is not buying (very much) now. He sold all his airlines. He is sitting on billions waiting for the right time to buy.
Yep...I'm with the Oracle of Omaha.

It's not so much the daily, or even weekly, prices that has me concerned...it's the at times hourly wild gyrations I'm watching.

The markets are a lot like large animal herds and sometimes, it doesn't take much to start a stampede.

The jury is still out if the herd will just wander around nibbling on newly found fresh grass and slowly get fatter...or all get spooked at one time.