Here’s What I Said About Warren Buffett On Fox Business Network Tues. 8/17/2011

Here’s What I Said About Warren Buffett On Fox Business Network Tues. 8/17/2011

Hi: I was Fox Business Network with Neil Cavuto, on Tuesday 8/16 discussing my comments on Warren Buffett. Click here to my original article that generated all the buzz. Here’s the video: httpv://www.youtube.com/watch?v=2PUuqRm7TV4 Here’s the link to Fox if you have trouble viewing the video on my site: https://video.foxbusiness.com/v/1113277542001/if-us-were-a-company-would buffett-invest/?playlist_id=87185 Gary I will be on Fox…

“WARREN WOULD NEVER INVEST IN THIS COMPANY” and “”WHY IS EVERYONE SO BULLISH?”

“WARREN WOULD NEVER INVEST IN THIS COMPANY” and “”WHY IS EVERYONE SO BULLISH?”

Imagine Warren Buffett getting a call from a company who asked Warren to invest $2 billion in that company. This company then went on to tell Warren that the $2 billion had already been spent and that they could not account for how well that $2 billion was spent. Therefore, that $2 billion would be…

THANK YOU S&P

THANK YOU S&P

A few thoughts and then the markets. Thank you S&P. I gather that surprises many of you as I have railed against the rating’s services for years. That hasn’t changed. There should have been criminal indictments against these companies for what they did with mortgage securities but right now, they did us a big favor….

THE TREES

THE TREES

Futures just popped on a “supposed” better-than-expected job’s report…but have backed off markedly. Europe has bounced nicely off this morning’s lows also. Just keep in mind that a bounce/rally will occur at any time because the DOW just dropped almost 1400 points in 10 trading days. It would be normal to bounce up a few…

IF THEY DON’T STOP, EVENTUALLY THE MARKET WILL STOP THEM, PART 5

IF THEY DON’T STOP, EVENTUALLY THE MARKET WILL STOP THEM, PART 5

For the past 2 years, I have been writing reports with the same title on several occasions. Simply put, if they didn’t stop the deficit spending, there would eventually be a tipping point…and it will be the markets that stop them. It is my take that the markets have finally had enough. Politicians around the…

YUCK!

YUCK!

The market remains in trouble…and in spite of oversold conditions, continues to get rocked. A few more things sticking out for me: The Transports are in imploding mode. Not good. The German DAX continues to implode…not to mention other European markets. The DAX has been a pretty decent leader of moves. Some stronger retail names…