Dow ZOnes Technical View

The Dow encountered short-term resistance at 8000, but declining volume indicates limited interest from sellers. Twiggs Money Flow (21_day) continues to respect the zero line from below; penetration of the rising trendline would warn of another down-swing, while breakout above zero would signal continuation of the rally. Buyers are driving the market and a test … Read more Dow ZOnes Technical View

11 Take-Aways from Buffett’s Annual Letter

I took some time on Sunday afternoon to read Warren Buffett’s annual letter. I don’t make it an annual practice to read the Berkshire Hathaway (BRK. A) letter as many do (nor have I ever been to the shareholders’ meeting which Buffett calls “Woodstock for Capitalists”). But given that 2008 was a year unlike any … Read more 11 Take-Aways from Buffett’s Annual Letter