No, not absurd at all, like I told you just a couple of posts ago. Since it is an advice from the man on stocks in general.
You claimed and are still claiming:
Again: Listen to Warren Buffett in this interview, right at 4:20 minutes what he says about 'listening to the market'.
Now what does Warren Buffett say about "listening to the market" as a way of deciding whether or not to invest in a company?
He clearly says that the LAST thing you need to do, is "listen to the market".
I hope this clarifies it for you, now?
If you listen to the market, you are never, ever able to make money when investing. That is why we longs are happy that we did not try to speculate by shorting ERHC, and gambling on a ERHC bankruptcy.
Just wait for the TOTAL news. After news, bam, it's over for the shorts.