--- MICHAEL SANTOLI
We've been trading the two-to-one leveraged [exchange-traded funds].
One is the Ultra S&P ProShares [ticker: SSO] -- for every dollar the Standard & Poor's 500 moves, it moves two dollars. And there's also Ultra Triple Q ProShares [QLD], the Nasdaq 100-version of the SSO. The flip of the QLDs are the QIDs, which are the negative two-for-ones on the Nasdaq.
Citigroup [C] at $5. The interesting thing about Citigroup is that if there's anything that's legitimately too big to fail, Citigroup is it.
I have never owned Berkshire Hathaway [BRK], but if it was cheap enough I'd buy it.
A level, please?
$85,000 to $95,000 [versus $98,000 recently].--- Barry Ritholtz
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