The Gartman Call: Shorting Berkshire Hathaway Inc. (BRK-A, BRK-B)
If you follow charts, money-flows, and ways to play macro-trends, you probably know who Dennis Gartman is. We know that you know who Warren Buffett is, and Gartman’s call as a short selling candidate is none other than Berkshire Hathaway…
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On a segment right before 1:00 PM EST today on CNBC’s Power Lunch, Mr. Gartman noted briefly how Berkshire Hathaway was something that could be sold. He said it has been a short and betting against Buffett has been a win.
On a simple chart, there does not appear to be any major simple support lines under $88,000 until about $85,000.
Jon C. Ogg
June 18, 2009
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