Yeah I'm Dumb -- Added 1/3 to BRK/B Today
Make my day, beyotch. $73.18/share. They's mo capital where that came from. Let us see how much farther these markets drop until the judgment is rendered about whether this is a soft patch or we are entering a double-dip. Let's look at velocity of money and at TIPS spreads to gauge the likelihood of more Fed easing being announced at the end of August.
I intend to panic like crazy if we are entering a double dip, but really not sell much. Anyone who has followed my pathetic rantings knows my portfolio is more positioned for a drop than for significant macroeconomic growth anyway. I am holding lots of gunpowder if we get a REAL drop. So far this drop does not have me convinced. That is because all of the effing growth stocks I really want to buy are actually holding up quite well.
Blast you, Amazon, why can't you just drop to $150 or so!!!!
Keeping a very close eye on the watchlist these days....