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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (13461)12/17/2012 9:16:43 AM
From: The Ox1 Recommendation  Respond to of 33421
 
I'm certainly not advocating rocket launchers, tanks and nukes.

I apologize if that was how you interpreted my post. The questions were intended to be food for thought, not an attack on you!!



To: John Pitera who wrote (13461)12/18/2012 4:23:03 AM
From: John Pitera3 Recommendations  Read Replies (1) | Respond to of 33421
 
David Tepper of .... appaloosa makes it sound like it clear sky ahead...... he has caveates.

the Earnings yield of the SPX / by the ten year note yield has the market priced super cheap by that caveat.

especially if you can pick up a 4% dividend more than double a benchmarket 10 year treasury.

But what exciting changes in taxation and also the cutting back of govt spending that has recessionary implications for jobs, GDP. etc..... will unfold in Jan and Feb...... stay tuned..... to this unfolding drama.

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telegraph.co.uk

David Tepper tops the hedge fund rich list It takes a special someone to knock John Paulson off his perch – but bond-trader-turned-hedge-fund manager David Tepper appears to be that person.