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Larry House is a
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1316 comments
Rating: 2392
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Thanks for a thoughtful piece. BP Capital is all in cash at the present, and T. Boone Pickens says he doesn't know when he will go back into the market. He said it might be next week after they clear money refunds today, or he said he might be out of the market for weeks or months. He said his fund will be left with about $500 million after a loss of about $2B. Even he couldn't read the signs on when to sell. I believe stocks will move higher when investors get some idea as to when growth will return to the economy. That is certainly not yet in sight, and cheap stocks can always get cheaper. Thanks again for a good read.
Oct 31 12:10 pm
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All Comments by Larry House »Q109? Q2? When the Market Will Recover [View article]