TheStreet.com RealMoney

Bears Gain Traction

By Rev Shark

About this article:
I see Warren Buffett is on CNBC once again. What I wish someone would ask him is what would he do if he were just an average guy with $100,000 to invest. What would he do? I would guess he wouldn't be buying a railroad stock. Buffett is a very interesting guy, but I don't think his investment approach has much relevance to most individual investors these days. We definitely have a negative bias in the action today, but it has been very slow trading. Selling has been steady but not particularly aggressive. We are picking up a little more to the downside now on a so-so bond auction which is pushing the dollar up a bit more, but given the extent of the move over the past week, it is still a very minor correction so far. The biggest problem I see is that the...

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