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It was last spring I believe, that WB managed to get a waiver from the SEC
of some standard reporting requirements so he didn't have to disclose
whatever he was in middle of loading/unloading. As we see the dominoes
falling, it makes me wonder how many other waivers were granted to
circumvent the very disclosure which is supposed to help "self regulate" the
markets.
Earl
-----Original Message-----
From: Timothy Morge <tmorge@xxxxxxxxxxxxxxx>
To: Robert W Cummings <robertwc@xxxxxxxxxxxxxxxxxx>
Cc: The Omega Man <editorial@xxxxxxxxxxxxx>; Omega List
<omega-list@xxxxxxxxxx>
Date: Friday, October 09, 1998 9:02 PM
Subject: Re: IT'S A BEAR MARKET
>Robert:
>
>One thing is certainly true: None of us know when Warren Buffet is doing
>anything. Like George Soros, Mr. Buffett will let the world know what he's
done
>*when* the timing suits his investment. Does anyone really believe he was
buying
>silver on those days the story was 'leaked?' Or rather, do you think maybe
he
>was just about finished unloading his silver when the press managed to get
the
>story? As I said, he's much like George Soros, only a bit more stylish.
>
>Best,
>
>Tim Morge
>
>Robert W Cummings wrote:
>>
>> Well a human indicator named Warren Buffet has been buying MER. Remember
>> Gradville's bathtub scenario smart money leaves first and enters first?
The
>> herd is heading for the exit gates and the side lines.
>>
>> Robert
>>
>>
>> At 09:16 PM 10/9/98 -0400, The Omega Man wrote:
>> >
>> >Is there any doubt among the members of this list that we are now in a
full
>> >fledged stock bear market? Is there anyone whose indicators are
bullish?
>> >Anyone NOT looking to press the short side? I'd be interested in
hearing
>> >about any indicators that are forecasting higher stock prices in the
>> >intermediate term...
>> >
>> >
>> >Good trading,
>> >
>> >The Omega Man
>> >
>> >
>> >
>> >
>
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