Thursday, February 18, 2010

Short Chinese Market, Invest in Berkshire Hathaway "B"

OK, I moved $100,000+ out of DXD, a market shorting ETF and bought BRK'B stock for a change of direction.  Still going to short the Chinese market for a month or so!

I see no long term reasons for optimisim that the market will hit 11,000+.

Check out the new contest on CNBC.com.......you get to pick the market close of the DOW and the S & P.  It's fun and they post the top 25 closest.  You have to pick before 12:00 noon EST.