RE: OT: Warren''''s Comments on current marketToday there are 264 stocks in the TSX composite and I just worked through looking at a number of the stock charts from it that I selected at random and there has been a lot of tanking going on lately.
Alcan is no more of course, sadly perhaps.
Anyway one has to be careful of indexes as they are always changing with weak companies being removed and other stronger ones added to replace them. This info is left out of lots of discussions and gives the HERD the false impression that markets in general go up over time so just keep buying shares.
Selling is a necessary step if one is to make money at this. Making money is the purpose, therefore selling has to be in the plan. IMO Warren and the smart money only want the herd buying!
eagleman ( after yesterdays volume, today no interest...
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