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...
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.
bull friendly market
the bull market doesn't end with a friendly Fed.
favor god knows nice odds seem
This is a nice surprise, but we've been through this before, ... God knows the odds seem to favor a better year. Let's see what happens.
cash funds mutual performance trying whatever
The mutual funds are trying to make up for a god-awful performance and they're going to put whatever cash they have to work.
bottom nice trading
I think we make a nice trading bottom in October.
bull close increases interest particular rates several stocks top
I think we're very close to the end of this particular correction. The bull market's not over by any means. We need several increases in interest rates before stocks top out.
jerk knee market reaction relevant
I think the most relevant thing is the market was down 120 yesterday. I think we're going to have a knee jerk reaction back up.
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.
I think this is very tentative. This is a little bounce.
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,
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.
approach begins economy elections increases inflation looking possibly rising slowing start surface time timing underneath
My timing would be that I'd want to start lightening up as we approach the elections, because once again, after the elections, it's conceivable you have a slowing economy. But a lot of things I'm looking at underneath the surface here show me that possibly we're going to have rising inflation at a time when the economy begins to slow. So we're going to see more increases after the elections.
kids learn philosophy
My philosophy is kids have to learn how to learn.
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.