I took profit off my Cisco position as the price drops and cuts through the Tenkan sen on the Ichimoku.
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Alexandria Real Estate (ARE) : Soar to $51
Aug 6, ’09 9:51 PM
This is another counter that I have to cut-loss.
The good thing about it, is I cut loss fast.
The moment it break out of its $40 resistance, I know something is not right. Add to that, there’s quite a fair number of shorts covering.
Currently, it is trading at $51 on news that it has raised its FFO guidance.
Berkshire : What if their companies did not have the bailout?
Aug 6, ’09 3:11 PM
Saw this news, Buffett’s Betrayal, in my Google Reader today.
I thought it was a great article to read. It has all the right ingredients for us to question about the approach that Warren Buffet used in his company, Berkshire Hathway.
In the article, Rolfe Winkler highlighted how Berkshire’s companies received amount totalling USD$26 billion from the US government.
Think about it. US$26 billion. Without the money, will the likes of GS, Wells Fargo, Amex still be around?
