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Old 06-30-2013, 01:27 PM   #12
DenverBrit
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Quote:
Originally Posted by mhgaffney View Post
There are plenty of sources on this. Here is another.

Do Soros and Buffet know something that you don't?

http://www.moneynews.com/Outbrain/bi...MO_CODE=FE8A-1
Same source, same story, different outlet.

Everyone knows there is a correction coming, but the claim that it will be 90% is laughable. Profit taking at the perceived peak of the market is nothing new and is expected.
Moving out of consumer dependent stocks is no surprise.

My guess is the article is nothing more than someone promoting a book. Do a search and this same Newsmax article is reproduced verbatim on dozens of 'doom and gloom' sites.

If Buffet were 'dumping' stocks it would be all over the financial sites; reducing his exposure by 21% in a stock is NOT dumping. Good grief.
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