***BRKA must've had a killer short squeeze... I'm still following this closely to see how it reacts to a move in the USD index above resistance, and given today's action, I'm convinced that the move is imminent...
*On BRKA, take note of how even though the price of the shares have risen, and outperformed the market from their recent bottom, the volume has equally declined... this is significant bearish divergence..
If I had enough money to throw at eighty-eight thousand, 300 dollar a share stocks, I'd say tomorrow would present a great opportunity to short Buffet's enterprise on any spikes upwards!
Yes... you heard it here first, I'm actually endorsing a short on BRKA... I may have warned of an impending breakdown before but I'm actually now looking at these charts and calling it a tremendous opportunity, and a contrarian one at that!!!
Looking at the weekly chart below, the ideal short looks to be at $90,000... but I'm not so sure it gets there... thus I'll say any spike tomorrow, Friday, Nov. 4th... support if it bounces off of the resistance I've proposed would be at $85,000sh...