Tepper Cautious: WHERE'S YOUR MESSIAH NOW?

The New York Post is reporting that hedgie David Tepper (Appaloosa) has grown increasingly more cautious after his infamous “balls to the wall” appearance on CNBC last fall…

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.

The Tepper Rally was a blast, but I sure hope you’ve taken something off since then.  As I mentioned earlier this week, my conservative growth model is now running at around 20% cash.

This morning everything is lower, from techs to gold to banks to bonds.  Hopefully you weren’t among the super-reckless buying semis and software names at 70 multiples like tomorrow would never come.  It’s here.

Source:

Hedge Guru is Cautious (NYP)

Read Also:

Yellow Lights (TRB)

Big Top or Pee-Wee Concerns (TRB)

What's been said:

Discussions found on the web
  1. Promotional Merchandise commented on Sep 19

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  2. immediate edge reviews commented on Sep 19

    … [Trackback]

    […] Here you will find 26077 more Info on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  3. w88 commented on Sep 21

    … [Trackback]

    […] There you can find 29442 more Info to that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  4. rubber watch band commented on Sep 21

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  5. Sex commented on Oct 29

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  6. Earn Fast Cash Now commented on Nov 03

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  7. https://monkeyslaundry.com.au/ commented on Nov 08

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  8. Functional testing solutions commented on Nov 26

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  9. Regression Testing commented on Dec 22

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  10. affectivness of cbd for anxiety commented on Jan 02

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  11. con ngựa số mấy commented on Jan 05

    … [Trackback]

    […] There you will find 84200 more Information on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  12. Electrolux EDH3488GDE manuals commented on Jan 20

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  13. tangerine bank canada sign-in commented on Jan 22

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  14. scotia bank online banking commented on Jan 24

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]

  15. Unicc commented on Jan 29

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2011/01/20/tepper-cautious-wheres-your-messiah-now/ […]