Tepper says QE2=March 09 again

[Adeptus]

David Tepper, the hedge fund manager turning +30% average profits year after year, who was a leading trader at Goldman for 8 years until 1992 and whom according to Wikipedia is the 258th richest man in the world explains that investing right now is really simple, and similar to March 2009 where he correctly predicted the bottom and invested heavily in financials (remember citi @ $1.x?). Here's his one liner strategy:

Fed said Q2 is a go = Juice On = Equities will go higher (short term)

I'd like to listen to successful investors, but never followed this guy before. Any feedback would be appreciated.

Here's Tepper's Sept 24th call on Equities going up.
http://www.cnbc.com/id/15840232?video=1598887347&play=1
http://www.cnbc.com/id/15840232?video=1598913851&play=1

Cheers,
Adeptus

[cjppjc]

Re: Tepper says QE2=March 09 again

Or is this thinking is already baked into prices?

[Adeptus]

Re: Tepper says QE2=March 09 again

Or is this thinking is already baked into prices?

I seriously doubt it. The very act of QE2 money being pumped in drives prices higher. Without it, it all falls appart. The only part baked in IMO is that large $ isn't being withdrawn because it knows QE2 is coming. QE1 wasn't baked in either, it took roughly a year to reach its highs.

[icm63]

Re: Tepper says QE2=March 09 again

QE2 will send USD into recession, with higher inflation..

The falling USD will send commodities very high, house prices will fall due to foreclosure issues.

UP UP UP: OIL, GRAIN, COFFEE

The fed wants a lower 30yr mortgage for resets in 2011, but they hope you dont need to eat or drive a car !

[goadam1]

Re: Tepper says QE2=March 09 again

my icm contrary indicator light is going off again.