As I write this, Goldman Sachs (GS) is up $11+ in after-hours trading on word that Berkshire Hathaway plans to invest $5 Billion in it. That news could setup a rally tomorrow...stay tuned.
A.M. update - it looks like GS gave back a lot of those gains.
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3 comments:
(cwellsi) so $5 bil gets +145 dow pts just imagine what $700 bil will do :)
(kruz) this market so wild. one could turn to skipping the fine wine and beer, and just go for the hard stuff.
Strange move by Buffet. I will be interested to see how the market reacts. Welcome back.
I don't know what to think. I hear about Financial Terrorism, Great Depression. There is a lot of noise out there.
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