Sunday, May 17, 2009

Interview w/ Charles Munger

Considering how dead the blog has been the past 10 days, I assume everyone was finishing up school, including Herng (SUMMA CUM LAUDE!)

Anyways, here's a nice, concise interview with Buffett's right hand man, Charles Munger (via ZH)

Legal Matters With Munger

Tuesday, May 5, 2009

Henry is right...


If you take a look at the following chart, you will see the S&P 500 daily candlestick forms a rising wedge. This is a bearish formation. The market currently is currently overbought, as well. For those of you informed on technical analysis, this mean you should consider an ETF such as SDS (S&P 500 UltraShort). Just a suggestion. I'm rather new at charting, but wanted to give everyone else my $0.02.