Buffett's ten latest market insights during his CNBC interview last night:

1. The current U.S. stock market is not cheap and hasn't reached a buying level yet.
2. He won't enter the market just for a 5-6% rebound.
3. Berkshire now holds $350 billion in cash, waiting for a better opportunity.
4. The real opportunity is in market crashes of that magnitude.
5. Recent market dips and volatility are nothing to worry about.
6. The Apple investment has earned over $100 billion, but he admits he sold too early.
7. Even if the stock drops, Apple's current price still isn't cheap enough.
8. If the price drops sufficiently low, he will buy Apple in large quantities again.
9. Signs of fragility are emerging in the banking system, and risks are accumulating.
10. Recently, issues in the credit market could trigger panic selling, with investors rushing to exit (a stampede).