Elliott Wave 5.0 "Reboot"

Tuesday, March 22, 2016

BRK. A Berkshire Hathaway Inc. Bear Rally Review?

BRK.A shares have soared in the last month or so. I think Warren Buffet is also a DOW indicator as when the DJIA slumps his stock will also slump.  Nothing will be safe from the claws of a bear attack,  when they strike.

The speed and of course the angle, which is one and the same is far too steep, to be maintained and if this is all a fakeout run then  Berkshire Hathaway stock will crash to new lows one more time.  

At this time I can fit BRK into an ongoing 4th wave decline and a big slump or a strong correction is due. 

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