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Author: Pat1234 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 210439  
Subject: Re: Weekend Poll - Bail Out or Stay Put? Date: 11/13/1999 3:15 PM
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"So far the poll is indicating 5 to 1, in favor of holding or buying more....Geez, I wonder where all this selling pressure is going to be coming from when we get that bloodbath on Monday????"
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Bad sample! The majority of folks who respond to a Buy/Sell poll on this board are quite likely to be predisposed to favor BRK. Like it or not, when BRK issued the Class B stock & when they issued stock for Gen Re, BRK became a stock that trades on news &/or on price action. So one should expect trading activity & volatility for a bit.

However, recall that the devil is in the details. The bond market has bounced back. The general market is trending up & KO, G & BRK will likely ride along, (possibly a pretty rough ride for BRK). There is an odd statistic floating around in my head that says about 80+% of market upside historically occurs in the Nov.-March time period. (Don't bet the ranch on that one but I believe it's not too far off)

BRK has an energy acquisition in the works that could mean big things for the future. DerekG has recently posted an excellent series of notes which make a persuasive case for the upside. I'd certainly recommend reading his thoughts on future prospects before bailing out.

Pat


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