What would Warren Buffett Do ?

Dow Down almost 300 points Tuesday , Fear Grips the Little Investor Housing sales news - weak as expected. Federal Reserve Bank statement acknowledges economy is slowing. - but a lack of clarity as to a rate cuts disappointed investors. The Key Question : WWWD What would Warren Do ? Warren Buffett announced the purchase of 10 Million shares of Sante Fe RR WHAT DID YOU DO ?

The Key Question in a time of volatility .
The answer is back to basics-
Good companies, solid fundamentals , great management - no need to fear market noise.

Source http://www.amprogram.com August 29

Antrim Energy ( AEN on Toronto)

When the correction takes 400 points off the Dow it is more than interesting that Antrim is up today .
Antrim has found oil in the North Sea - like Oilexco - and similarly continues to drill.
In addition it has projects in Argentina - rumors of oil only at this point.In this correction - pick up the stongest candidates - they will rise more when the trend goes positive.
Part 2
My favorite question , in these trying days - WWWD ? ( seehttp://www.amprogram.com) -
meaning What Would Warren ( Buffett) Do - you can be sure he's hunting the bargains - follow his example.