Larry Rice
Larry Rice
Larry Ricewas an American racing driver in the USAC and CART Championship Car series. He was the 1973 USAC National midget driver's champion and won the USAC Silver Crown series in 1977 and 1981. He was inducted in the National Midget Auto Racing Hall of Fame in 1993...
bull cash market percent public rush start
You don't start a new bull market with 4.3 percent cash and I don't see a rush by the public to come in here.
action chasing coming continued continuing dominated environment few individual instead investing money stocks stories trading trend
There's a continued choppiness coming from yesterday's meeting; it's really a trading environment instead of an investing environment, ... Action has been dominated by stories in individual stocks but, to me, it's just continuing the trend of more money chasing few names.
fool fools-and-foolishness greatest market number people supposed
This market is going to fool the greatest number of people by doing what it's not supposed to do.
favor god knows nice odds seem
This is a nice surprise, but we've been through this before, ... God knows the odds seem to favor a better year. Let's see what happens.
bull friendly market
the bull market doesn't end with a friendly Fed.
That's not a lot of firepower. I'd feel more comfortable if it was 8 or 9 percent.
charts tough
That's high. It's tough to justify. So let's look at the charts -- I'll feel better.
handful investors name perceive powerful rally safe stocks trading
Any rally we're going to see is not going to be a very powerful rally. It's going to be a handful of what investors perceive as safe trading stocks or big name capitalization.
relief sort
We'd get some sort of relief rally, ... And then we'd have a sobering up.
four investors movement oils past tech three
In the past three to four sessions, investors have been getting back into tech stocks. The movement is out of drugs and oils and into Internets.
ahead alan chairman expected goes hero maintain market raise rates stays vigilant
If he (Fed Chairman Alan Greenspan) doesn't raise rates and goes to neutral, the market is going to go crazy; if he doesn't raise rates but stays tight, everyone will say it's expected -- so why be a hero ahead of this meeting? ... I expect he's going to do nothing and maintain a very vigilant bias. I think he's going to be on the (lookout) for inflation.
amazing buy continue estimates few half ibm investors last looks pay progress research revenue second strong
It's amazing how investors penalize IBM ( IBM : Research , Estimates ) for the progress they've made over the last few years, ... And, yet they'll pay 100 times revenue for other companies. The second half of this year, it looks very good, very strong for IBM's businesses. I'd continue to buy IBM for portfolios here.
among money
It's just money circulating among the same groups.
close congress foreigners
There's a lot of uncertainty with these deals. You've got Congressional investigations that will take place. Foreigners come in and Congress will take a really close look at it.