Larry Rice
Larry Rice
Larry Ricewas an American racing driver in the USAC and CART Championship Car series. He was the 1973 USAC National midget driver's champion and won the USAC Silver Crown series in 1977 and 1981. He was inducted in the National Midget Auto Racing Hall of Fame in 1993...
bull market surprise
Long-term, the bull market is very much intact, ... Near-term, we're severely overextended. It wouldn't surprise me to see a correction.
companies people plenty putting
People are just putting this under the carpet. There are plenty more companies out there that are going to have this problem.
bear flows market money past reverse sure
I find it incredulous that you can take a two-year bear market in the Dow and reverse it in two days, ... So I'm not sure this is too sustainable past another day or so before the money flows back into Nasdaq.
conviction crazy economy momentum people shell shocked slowing
There is no conviction. Is the economy slowing down or is the red-hot momentum continuing? I think people are really shell shocked by the crazy volatility.
bombs favorable funds gone hear korea longer market north outcome positions question rally short stuff taken
We've gone a long way to discounting a favorable outcome -- you're getting the rally that should have taken place the day the bombs fell. The real question is how much longer are the hedge funds going to let the market go before they put on short positions again. Valuations, North Korea -- you don't hear about this stuff anymore, but it's still out there.
basically few market providing stocks
Hewlett-Packard is basically the whole story. It is a one-sided market with a few stocks providing the push,
beginning case higher looking run whether yields
Valuations are typically higher at the beginning of a recovery, but in this case they've run too high, ... Whether you're looking at dividend yields or the P/E going forward, we're just stretched.
ibm selective
You'll probably see some bottom-fishing in IBM soon, but the rallies are going to be very narrow, selective and not sustainable,
announced higher hoping somebody
When they first announced this, I said, 'Who?' ... I was hoping it would be somebody with a higher profile.
bad joseph stop stuff three wonder
You look at the Abby Joseph Cohen stuff and you wonder why Goldman doesn't just stop it already. Guys, it's been three years of bad predictions. You're being ridiculed.
four investors movement oils past tech three
In the past three to four sessions, investors have been getting back into tech stocks. The movement is out of drugs and oils and into Internets.
handful investors name perceive powerful rally safe stocks trading
Any rally we're going to see is not going to be a very powerful rally. It's going to be a handful of what investors perceive as safe trading stocks or big name capitalization.
best happen market reasonable time
The best thing that could happen is for this market to have a reasonable correction, ... I would have thought we would have had one a long time ago.
amazing buy continue estimates few half ibm investors last looks pay progress research revenue second strong
It's amazing how investors penalize IBM ( IBM : Research , Estimates ) for the progress they've made over the last few years, ... And, yet they'll pay 100 times revenue for other companies. The second half of this year, it looks very good, very strong for IBM's businesses. I'd continue to buy IBM for portfolios here.