Buffett has never been a short-term trader, much less a day trader. His negative take on stocks and bonds now tells us absolutely nothing about the short-term course of the market from here. But it does signal a probable a big drop in the not too distant future IMHO.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi