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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • Short Shovels For A Long Grave 0 comments
    May 14, 2013 8:49 PM | about stocks: AAPL

    Hedge Fund Tycoon David Tepper of Appaloosa Management made a rare appearance on CNBC this morning.He has made the bold statement that he is "Bullish" on stocks and believes that the rally has more room to run.Basically with the accommodating Federal Reserve leading the way printing money,all fear has been silenced for now.World banks are also doing their part by interest rate reductions almost on a weekly basis.With so much money in the system,Tepper is convinced that most of the windfall will find it's way into equities.This is a cue for the forgotten retail investor to wake up from his slumber and return to the Stock Market where the party has already begun.If he hurries,plenty of opportunities still exist to beat the 0.1% CD rates they now enjoy.Every person shorting stocks apparently need shovels to help dig their own graves.All what was needed where a group of 1929 Flappers dancing on tables to a Swingtime tune.For the final bullet point of the morning a call to buy Apple - AAPL - was pronounced.Things are going quite well up in Short Hills,New Jersey.Let's hope the over-weight dump truck (Stock Market ) does not lose it's brakes coming down the hill.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: AAPL
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