Warren Buffet may be Bullish

Warren Buffet is usually the first person to leave a market when he sees that stocks are overpriced. He will leave a bull market much earlier than others. He will also swoop in and go on a buying spree during a bear market.

Warren Buffen recently told cnbc:

“I don’t look at the stock market at all as ridiculously overpriced,” Buffett said. “If you told me I had to buy a 20-year bond or make a 20-year investment in the stock market, I’d rather buy the stock market. It’s not cheap, but it’s not ridiculous.”

This is about as forward as the oracle gets. He will invest in the market for twenty years, meaning the outlook is pretty good for the long run. I think Warren is saying that the bulls are running!!!