As of 9 pm eastern on Sunday evening, the Dow futures were down 100 points… I imagine markets will continue to lurch around and that sometimes they will lurch upwards and sometimes downward.
Yesterday I mentioned Toll Brothers which got fairly clobbered the past few days. I was looking today at its annual report. It strikes me as a very well managed company. The type of company Warren Buffett would be interested in if it ever came up for sale. However as a public company with no controlling shareholder it is unlikely it would ever be offered for sale to Berkshire (he avoids bidding wars). I would consider adding to my position in this company. But right now I a, already fully invested.