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AFTER 9 MONTH RALLY-WAT MUST WE DO

Thanks for sharing. I also exited most of 'em bcos dun one to hold  unwanted babbi when the music stop...rihanna! .....time to leave when the party room gets too crowded and hot :P

louis_leecs      ( Date: 16-Aug-2009 00:11) Posted: OIL PRICE DROP 45%  down 3dollar to  67,,,,,,,,,,,signal cash out from some bb,,,,,,,,,,,,,,,,alabama colonial bank failure,,,,,news create a OVERDONE climate to monday uncertain ,,,,,,,,,,,,,,,,,,,,,,,,,,market always look for excuse and create a selliing time table for take advantage trader to ,,,,,,,,,,,,,,,,,,,,,,,,,,so is a excute time table for us to take action,,,,,,,,,,,,,,,,a healthy correction after 9 month,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,some more kiasu china ppl there also rush to exit last week after news credit control rule out soon,,,,,,,,,,,,,,,,,,,,every one just dont one to be the last hero to hold the unwanted baby over night,,,,,,,,,,,,,,,,,history always repeat,,,,,,,,,,,,,,so be careful,,,,,,,,,,,,,,,,,,,,,,,,,,im still holding 20% in share but waannna to cut all if time is right but price not good,,,,,,,,,,,,,,,i always show and dunn look back,,,,,,,,,,,,,,,,,,all of tis just my personnel view and my six sense view,,,,,,,,,,,,,,,,,,not a call to buy or short sell but just want to hightlight may be sometime going to happens,,,,,,,,,,,,,,,,,,,,,,,,,,,,cheeers

 

OIL PRICE DROP 45%  down 3dollar to  67,,,,,,,,,,,signal cash out from some bb,,,,,,,,,,,,,,,,alabama colonial bank failure,,,,,news create a OVERDONE climate to monday uncertain ,,,,,,,,,,,,,,,,,,,,,,,,,,market always look for excuse and create a selliing time table for take advantage trader to ,,,,,,,,,,,,,,,,,,,,,,,,,,so is a excute time table for us to take action,,,,,,,,,,,,,,,,a healthy correction after 9 month,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,some more kiasu china ppl there also rush to exit last week after news credit control rule out soon,,,,,,,,,,,,,,,,,,,,every one just dont one to be the last hero to hold the unwanted baby over night,,,,,,,,,,,,,,,,,history always repeat,,,,,,,,,,,,,,so be careful,,,,,,,,,,,,,,,,,,,,,,,,,,im still holding 20% in share but waannna to cut all if time is right but price not good,,,,,,,,,,,,,,,i always show and dunn look back,,,,,,,,,,,,,,,,,,all of tis just my personnel view and my six sense view,,,,,,,,,,,,,,,,,,not a call to buy or short sell but just want to hightlight may be sometime going to happens,,,,,,,,,,,,,,,,,,,,,,,,,,,,cheeers 

 

Not sure it was 3Q action plan or 2Q action plan (at that time, he raised funds -- anyway, nobody can guess his intention). Article for sharing...

Warren Buffett's Berkshire Hathaway was doing more selling than buying of stocks during the second quarter, but there is one new holding.

In an SEC filing tonight, Berkshire reveals it held 1.2 million shares of the New Jersey-based medical technology company Becton Dickinson as of June 30.  The stake was valued at $85.6 million on that date. 

Becton's stock has dropped since then, bringing the current value of Berkshire's holding down to about $81 million.

Becton Dickinson's 2009 second quarter closing low was $60.48 on April 30.

That includes a small after-hours boost for the stock from Buffett's endorsement.  It's rallied to $67.46 as of 5:30p ET, a 1.6 percent increase from today's 4p close of $66.39.  [BDX  66.39    0.60  (+0.91%)   ] .

In what may be an indication that Buffett sees opportunities in health care, Berkshire also raised its existing stake in Johnson & Johnson [JNJ  60.08    -0.24  (-0.4%)   ] to 36.9 million shares from 32.5 million, an increase of 13.6 percent.  That's the same percentage increase we saw for J&J in the first quarter of this year, but the stake is still well below the 61.7 million shares held at the end of September last year. 

Buffett wrote in his annual letter to shareholders that Berkshire sold more than half its J&J shares in the fourth quarter to help raise money for the fixed-income securities it bought from Wrigley, Goldman Sachs [GS  162.73    -1.75  (-1.06%)   ] and General Electric [GE  13.92    -0.18  (-1.28%)   ] .

While Berkshire was doing some buying, there's a longer list of stocks that got cut during the quarter.

Berkshire slashed its stake in Home Depot [HD  27.14    -0.54  (-1.95%)   ] by 25.5 percent to 2.758 million shares as of June 30.

For the second consecutive quarter, Carmax [KMX  16.67    -0.64  (-3.7%)   ] was cut sharply.  Berkshire reports holding 9 million shares, down 25 percent from the end of the first quarter, and a little more than half the 17.6 million shares it reported as of December 31.

Berkshire holdings of UnitedHealth [UNH  28.06    -0.31  (-1.09%)   ] have also been reduced for the second straight quarter, down 24.4 percent to 3.4 million shares.  The stake was reduced by almost 29 percent during the first quarter.

Berkshire also cut its holdings of Eaton [ETN  54.11    -1.21  (-2.19%)   ]   and Wellpoint [WLP  52.19    -0.61  (-1.16%)   ] .

We don't have a complete picture of Berkshire's stock holdings, and there could be a surprise to come.   Tonight's filing specifically states that "confidential information has been omitted" and provided separately to the SEC.  

Buffett sometimes gets permission to do this when Berkshire is building a position in a stock.  The secrecy is designed to prevent copycats from buying the same stock, driving up its price.

Berkshire has been concentrating on corporate and foreign-government fixed-income investments more than equities lately, buying only $350 million worth of stock during the second quarter versus $2.55 billion of fixed-income.

American University Finance Professor Gerald Martin told Bloomberg it's a way for Berkshire to reduce its risk:  "Some of the normal places he’s gotten the cash to invest are just getting killed in the recession.  So he’s locking in these guaranteed returns, moving from the volatility of stocks to a steady stream of income that, in some cases, is almost at the return you normally get from the stock market.”

 

wah...louis_leech...u scared me leh..........xin pah-pah....but I think u correct but not bcos Seven Mun :P

louis_leecs      ( Date: 15-Aug-2009 23:18) Posted: billionaire warren buffet start reduce its stock purchase and make more fixed- income investment from last friday,,,,,,lower his hight risk investment pofolio to fixed deposite investment,,,,,,,,,,,,,,all related to OVERDONE IN STOCK MARKET,,,,,,,,,,,,,,,,,,,,,,,,,,,,CAN FORESEEN NEXT ONE TO TWO WEEK VERY RISKY ,,,,,,,,,,,,,,,,SEVEN GHOST MONTH AKAN DATANG,,,,,,,,,,,,,,,,,,,,

 

After 9 Years rally then I stop buying and start selling!!! Ha. ha.. ha...

louis_leecs      ( Date: 15-Aug-2009 23:18) Posted: billionaire warren buffet start reduce its stock purchase and make more fixed- income investment from last friday,,,,,,lower his hight risk investment pofolio to fixed deposite investment,,,,,,,,,,,,,,all related to OVERDONE IN STOCK MARKET,,,,,,,,,,,,,,,,,,,,,,,,,,,,CAN FORESEEN NEXT ONE TO TWO WEEK VERY RISKY ,,,,,,,,,,,,,,,,SEVEN GHOST MONTH AKAN DATANG,,,,,,,,,,,,,,,,,,,,

 

billionaire warren buffet start reduce its stock purchase and make more fixed- income investment from last friday,,,,,,lower his hight risk investment pofolio to fixed deposite investment,,,,,,,,,,,,,,all related to OVERDONE IN STOCK MARKET,,,,,,,,,,,,,,,,,,,,,,,,,,,,CAN FORESEEN NEXT ONE TO TWO WEEK VERY RISKY ,,,,,,,,,,,,,,,,SEVEN GHOST MONTH AKAN DATANG,,,,,,,,,,,,,,,,,,,,

 

After selling then you say so..... Ha. ha.. ha... Too much personnel interest man.... wonder if you could influent the market?..............

louis_leecs      ( Date: 14-Aug-2009 22:41) Posted: AFTER LONG LONG 9MONTH RALLY,,,,,,,,,,,FROM NO BODY DARE TO BUY RALLY,,,,,,,,,,,,,,,,,FUND KIASU CANNOT CATCH UP BUY HIGH TO ADD THEIR ESPOSURE,,,,,,,,,,,,,,AND PPL HERE BELIEVE CORRECTION IS A BUY OPPORTUNITYFOLLOW CORRECTION BUY AGAIN AND AGAIN,,,,,,,,,,,,,,,,,,,,,NOW ALL THE PPL FROM OFFICE BOY,,,,,HOUSE WIFE,,,,TAXI DRIVER,,,,,RETIRE UNCLE STAR PUT THEIR FORTUNE INTHE STK MARKET,,,,,,,,,,,,EVEN CHINA WORKER WHO WORK IN SINGAPORE WIF SARALLY $9OOBATT PER MTH ALSO WAANNA SENT MONEY BACK TO BUY STK IN CHINA,,,,,,,,,,,,,,,,,,,,,,,,,,FOR ME IS THE TIME THINK CAREFULLY ,,,,,,,,,,,,,,,,,,,,,,,,SO PLAY SAVE FIRST,,,,,,,,,,,,,,,IM MAY BE WILL GO BACK TO BUKIT TIMAH AGAIN SOON IF I GOT CHANCE TO UNLODADE MY LAST 20% POFOLIO FROM MONDAY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,IM A BIT NERVOUS LIAO,,,,,,,,,,,,,,,,,,,,FOR ME CANNOT TAKE TIS 9MONTH RALLY RISK,,,,,,,,,,,,,,,,,,,,,DECIDED CASH IN MY 80% FROM YESTERDAY AND TODAY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

 

Ask not what the rally can do for you.

Ask what you can do to the rally....(just like Abraham Lincoln )

 

i dun like falling knife bec it can kill the bull ,,,,,,,,,,,,,,i prefer everyone here cool down let it cool down by slidelide,,,,,,,,,,,,otherwise OVERDONE is coming,,,,,,,,,,,,,,,,,,,OVERDONE CAN KILL THE BULL,,,,,,,,,,,,,,,,,,,,,,,,,OVERDONE BECOME EVERYONE NIGHTMATE,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,DUN OVERDONE BY OURSELF,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

 

like fly a kite... release and retrieve... or ride the wave .

 

Rally for 5 past months you should say, there is still a long way to climb to the DOW initial stage of 13000 pts.

 

AFTER LONG LONG 9MONTH RALLY,,,,,,,,,,,FROM NO BODY DARE TO BUY RALLY,,,,,,,,,,,,,,,,,FUND KIASU CANNOT CATCH UP BUY HIGH TO ADD THEIR ESPOSURE,,,,,,,,,,,,,,AND PPL HERE BELIEVE CORRECTION IS A BUY OPPORTUNITYFOLLOW CORRECTION BUY AGAIN AND AGAIN,,,,,,,,,,,,,,,,,,,,,NOW ALL THE PPL FROM OFFICE BOY,,,,,HOUSE WIFE,,,,TAXI DRIVER,,,,,RETIRE UNCLE STAR PUT THEIR FORTUNE INTHE STK MARKET,,,,,,,,,,,,EVEN CHINA WORKER WHO WORK IN SINGAPORE WIF SARALLY $9OOBATT PER MTH ALSO WAANNA SENT MONEY BACK TO BUY STK IN CHINA,,,,,,,,,,,,,,,,,,,,,,,,,,FOR ME IS THE TIME THINK CAREFULLY ,,,,,,,,,,,,,,,,,,,,,,,,SO PLAY SAVE FIRST,,,,,,,,,,,,,,,IM MAY BE WILL GO BACK TO BUKIT TIMAH AGAIN SOON IF I GOT CHANCE TO UNLODADE MY LAST 20% POFOLIO FROM MONDAY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,IM A BIT NERVOUS LIAO,,,,,,,,,,,,,,,,,,,,FOR ME CANNOT TAKE TIS 9MONTH RALLY RISK,,,,,,,,,,,,,,,,,,,,,DECIDED CASH IN MY 80% FROM YESTERDAY AND TODAY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,