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Random Airport Thoughts

By

Man, Toddo, I haven't taken a beating like that since I put a banana down my pants and turned the monkey loose!

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Good morning and welcome back to the field of play. I'm currently sitting (gingerly) in the San Diego Airport and, as I've got a half hour window, I wanted to fire off some quick missives to my fellow Minyans.


  • The better team won last night and the Bucs deserve every snap they receive.

  • The dollar is spiking as buy stops were "taken out" this morning on fresh rumors of a Saddam exile.

  • If my sources are correct, many of the Raiders checked in for curfew--and snuck back out (of the hotel) to party all night. That's bush league and, if true, they deserved every smack they got.

  • S&P 865 (former support) now becomes resistance on the upside.

  • As luck (fate) would have it, me and my black #32 jersey sat smack dab in the middle of the Tampa Bay cheering section. You know what? They have fantastic fans...first class all the way around.

  • Watch that SOX 280 head and shoulder neckline!

  • Charles Woodson has been a liability throughout the playoffs--and Gruden knew it.

  • Saw aggressive customer buying of QQQ and SPY on the opening bell.

  • MSFT trades 50.

  • I still think Warren Sapp is a shmuck--and the racist remark he made to my friend supports that thought.

  • The Euro Stoxx is trading at it's lowest level in six years.

  • We all know that Dubya is gonna talk tough. How much of that is priced into these levels?

  • Can you believe that S&P 775 is starting to pop up into the trading radar? Imagine if it got there with the VIX hitting 50. Deja vu!

    I'm not going to say that last night's loss didn't hurt--it stung bad. However, as we've learned, there are worse things in life and perspective is important. (I keep telling myself this as the Buc jerseys prance by)

  • KLAC and AMAT turn green...right as the SOX is tickling 280.

  • Watch the breadth...the internals hold the key.

  • Trade to win...never trade not to lose. If you can do that while remembering that the ability not to trade is sometimes as important as one's trading ability, you'll surely improve your results.

I've got to hop and catch my flight and, with the time difference, I won't be landing until after the market closes. I'll be back in my saddle tomorrow morning and I'm looking forward to getting some mojo going. Keep that right hand up, think positive and hit 'em hard.

Good luck today.

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No positions in stocks mentioned.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

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