Carter Worth - Fast Money - BRK.A - 02/23/09

Chartology: This segment looks at a chart that corresponds to a specific index, along with technical analysis from Fast Money panelist Carter Worth. In this clip Carter Worth explains the correlation between Berkshire Hathaway (BRK.A) and the overall market. Carter says here that Berkshire can be used as a control mechanism for the whole market, "If Berkshire holds these lows...the market holds these lows. If Berkshire breaks, the market breaks." (As of Friday Feb 27, 2009, BRK.A closed at 78,600.00 +250 and the 52 wk low is 73,500) The lows that Carter Worth is pointing to are 77,500.00 (Nov 20, 2008) and 75,600.00 (Feb 23, 2009).

Category:

News & Politics

Tags:

• Carter Worth
• Fast Money
• Berkshire Hathaway
• BRK.A

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Carter Worth is single handedly the best analyst on Wall Street bar none. IMHO