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Advance Look At Tepper's CNBC Sequel: "Balls To The Wall" Becomes "Harder And Not Without Risk"

Tyler Durden's picture




 

As noted yesterday, David Tepper is coming back to CNBC this Friday, in what many expect will be a reprise of his September appearance which was one of many events to unleash the buying spirits and save the year for so many Hodge funds loaded with financial stocks (we eagerly await February 15 to get the latest round of 13F and uncover just how many of the biggest financial "bulls" used the Q4 rally to dump). It appears, however, that this time around Tepper will not be dispensing with his usual POMO-inspired exuberance. In an interview with the Post, Tepper, who from media shy has become just a "little" overexposed, says that 2011 will be "harder and not without risk." Will this be the top-tick event of the market's recent and relentless bear market melt up?

From the NY Post:

Hedge fund honcho David Tepper, who helped rally sagging markets last year with his bullish comments on stocks, is more cautious this year.

In an interview with The Post, Tepper said while "the biggest opportunities" will remain in equities, 2011 will be "harder and not without risk."

"When things go up too high, they will go down," Tepper said, referring to the recent market surge, which saw the S&P 500 close the year up 13 percent, in line with his prediction.

Last September, the founder of $15 billion hedge fund Appaloosa Management injected optimism into an otherwise downbeat stock market when he told CNBC that government intervention in the financial markets virtually guaranteed a rally.

 

 

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Thu, 01/20/2011 - 09:50 | 889663 goldmiddelfinger
goldmiddelfinger's picture

He's gonna need to pull a Billy Graham and get on his knees to hep gold

Thu, 01/20/2011 - 09:51 | 889664 HelluvaEngineer
HelluvaEngineer's picture

Time for a controlled 11-12% selloff to blow out all the stops, then gun it again.

Thu, 01/20/2011 - 09:55 | 889679 JP McManus
JP McManus's picture

This.

Thu, 01/20/2011 - 09:58 | 889688 Common_Cents22
Common_Cents22's picture

They got to keep it alive until 2012 so the Mayans are proved correct.  Cmon, i know you can do it!

Thu, 01/20/2011 - 09:59 | 889692 Spalding_Smailes
Spalding_Smailes's picture

Gold = Bloodletting

Thu, 01/20/2011 - 11:20 | 889932 Red Neck Repugnicant
Red Neck Repugnicant's picture

Someone farted at the commodities table.  

Everyone grabbed their chips and scattered.

Looks like a few might have stopped at the Macys, Sears and JC Penny table before Scores opens for lunch..

 

Thu, 01/20/2011 - 10:01 | 889695 belogical
belogical's picture

You can't even get on Kitco there's so much traffic

Thu, 01/20/2011 - 10:02 | 889698 Id fight Gandhi
Id fight Gandhi's picture

Guess he has his shorts lined up. Time to for him to snatch it on the way down.

Thu, 01/20/2011 - 10:04 | 889703 goldmiddelfinger
goldmiddelfinger's picture

Gold. Gold will be CRUSHED

Thu, 01/20/2011 - 10:29 | 889768 Temporalist
Temporalist's picture

You and Spalding must be sitting around plugging one another's rectums with pineapples each time gold falls.  Good for you!  Your love of hating something has brought you two soul mates together.

Thu, 01/20/2011 - 10:33 | 889778 goldmiddelfinger
goldmiddelfinger's picture

Hate is a jerkoff word for profit. Profiting by gold's demise brings me joy. If you suffer, it is by you own self treatment.

Thu, 01/20/2011 - 15:29 | 890712 Temporalist
Temporalist's picture

Hate, jerkoff, whatever you call it for yourself and Spalding.

Thu, 01/20/2011 - 10:09 | 889715 MiningJunkie
MiningJunkie's picture

Sell whatever he says he likes...short it if he becomes animated.

Thu, 01/20/2011 - 10:11 | 889723 satansanus
satansanus's picture

hes a fucking cocksucker. Where was he on may 5th or june?

 

I give hime 6 flaming shitballs out my ass in his face.

 

He knew feb op ex was gonna be th nuke session on BAC 2009

Thu, 01/20/2011 - 10:16 | 889733 Cdad
Cdad's picture

I cannot believe this particular criminal syndicate Wall Street fund manager is actually coming back after his pump and dump last time.  Then again, no one on Wall Street is even remotely familiar with the concept of shame...so I take back my first comment.

Considering coining the term stocks are "priced to D. Tepper" to replace stocks are "priced for Dotcom."

Thu, 01/20/2011 - 10:30 | 889774 goldmiddelfinger
goldmiddelfinger's picture

CNBC is as shameless as their saturday morning infomercials. It's no wonder viewership has cratered. I for one no longer watch-or listen- to their crap. I can only just bear Bloomberg, which although much better journalisticly, irritates me no end by their ownership.

Thu, 01/20/2011 - 10:33 | 889780 Cdad
Cdad's picture

I have kept with the Blow Horn [CNBC]...it is a sick fascination of mine...like watching a slow mo train wreck.  Watching the personalities become non people will be sweet.

As well, I stay on that channel to monitor the state of propaganda in the US. 

These things said, it irritates me to no end...their programing...how amazingly far they all have fallen away from the concept of The 4th Estate.

Thu, 01/20/2011 - 10:19 | 889743 overmedicatedun...
overmedicatedundersexed's picture

Japan at debt crisis must raise taxes to lower debt..what a great idea to keep an economy expanding..LoL, Washington is Tokyo on steroids so higher taxes it is.

http://www.ft.com/cms/s/0/4c1ddc9a-23d3-11e0-8bb1-00144feab49a.html#axzz1BaIekBA2

seems an op ex week is being used to hammer PM and PM stocks..Just looked at NEM's full yr report and sales growth was only double digit plus y/y very sad (sarc)  ..yep solid miners are too risky,, banks are where true financial soundness lie..as is lie. speaking of lies here comes GE with hopium express.

 

Thu, 01/20/2011 - 11:04 | 889880 Uncle Sugar
Uncle Sugar's picture

Here comes the PPT.  BTFD already!

Thu, 01/20/2011 - 11:50 | 890015 raya123
raya123's picture

You're going to have to wait quite a long time for a buyable "dip" in this market.

Thu, 01/20/2011 - 13:09 | 890261 Problem Is
Problem Is's picture

" to unleash the buying spirits and save the year for so many Hodge funds loaded with financial stocks..."

Hodge Fund?
Tyler, is that like a Hog Fund for Financial Pigmen?

Thu, 01/20/2011 - 14:29 | 890537 Grand Supercycle
Grand Supercycle's picture

Previous S&P500 / DOW / FTSE / DAX bearish warnings are confirmed today.

http://stockmarket618.wordpress.com

Do NOT follow this link or you will be banned from the site!