BRK/B and DHR.
I think their time runs out. DHR "narrows" their profit forecast so that they are more certain but this means nothing. I will sell them tomorrow. So what I have done in the past 2 weeks are gradually cashing out of my long position and increasing short bets in nook and cranny of the market like FED, WB, and OSTK short and puts.
The cavalry is however, not yet out as I don't want them to be massacred by crazy bottom-calling hordes in case I am wrong. It looks like EVERYTHING runs out of steam at this point. Check out DCI since I told you I was cashing out. Everyday a pumper showed up and upgraded it after practically ignored it for months (and at that point DCI WAS going up on its own without their help!!! ) and yet NO change in price since earnings. I think a 10-15% pullback in that one to $45 range is not out of the question especially if the sentiment in the market confirmed this.
More final bits and pieces from the Spring "Selling" season and a BUST just DOESN'T quite describe it. On the loan / mortgage sides, POWERFUL entities in the market who seem to be immune in the past 12 months are secretly hurting and beginning to ask advice to people like me how to justify changes in marks of portfolio. These are the types of questions that if the sources leak my head is on a platter. But the s**t is VERY real, much more so than the last half of last year.
The right enemy
5 years ago