I do NOT look like Michael Jackson!
- After the Exxon Valdez oil spill, the average cost of rehabilitating a seal was $80,000. At a special ceremony a cheering crowd watched as two of the saved animals were released back into the wild. Moments later they were both eaten by a killer whale.
- The internals remain marginally positive in the Nazz, marginally negative on the big board. After yesterday's vomit breadth, this is an important guide.
- The Buzz and Banter feature (February 16th) will allow for much quicker, time sensitive observations.
- My favorite technician is urging caution in the semis (many are approaching absolute and relative resistance). My smartest fundie contact, for what it's worth, is "100% confident" that we've already seen peak multiples. This isn't advice--it's just an observation--but when looking for trades, you want the highest quack count as possible (as ducks line up). For educational purposes, they both think the semicaps underperform the pure semis.
- The dollar acted much heavier than I woulda thought yesterday (with gold down $17). It's in the red today as well.
- The quickest way to lose money is by trading "not to lose."
- Miss Claudia!
- Fokker's favorite U2 lyrics? "Did I disappoint you...or leave a bad taste in your mouth?"
- Did anybody else miss Succo? He'll be back in the fray Monday.
- Fannie Mae (FNM:NYSE) "should" find support at $75 (where it broke out).
- Sometimes he would accuse chestnuts of being lazy, the kind of general malaise that the genius possess and insane lament.
- "Every man....Every man has to go through hell to reach paradise" - Max Cady in Cape Fear
- Can't find a discernable level? Alter the time frames you use on your charts until something jumps out at ya.
- Dan Meehan, Patriot fan, just said "Go tuck yourself, Toddo." Wow.
- Caterpillar (CAT:NYSE) $85 is a textbook example of why you never want to anticipate a breakout (at $85). KLA-Tencor (KLAC:NASD) through $60 is a textbook example of a false breakout.
- Good traders know how to make money. Great traders know how to take a loss.
- Rumor has it that Fokker was late 'cause he was auditioning for the role of Potsie in Happy Days: Here Again.
- First Down!
- The semis and cyclicals are closer to stochastic buy signals than sell signals but have a bit to go
- The funniest man in show business?
- Cisco (CSCO:NASD) is now red (after the early jig). Sir Chambo will take center stage next week.
- The Ann Arbor News crime column reported that a man walked into a Burger King in Ypsilanti, Michigan, at 5 a.m., flashed a gun, and demanded cash. The clerk turned him down because he said he couldn't open the cash register without a food order. Then the man ordered onion rings, the clerk said they weren't available for breakfast. The man, frustrated, walked away.
- Trannies down 80.
- I'm not impressed with this gold bounce.
- Jon Cusack is one of those actors that doesn't get much press but is always spot on with his performance.
- Too many Random Thoughts? Sometimes the writing mechanism goes on the fritz.
- Intel (INTC:NASD) still warrants an eyeball.
- Brodsky and Fokker are joining me for our Penn finance club gagglefest. We can't seem to decide on a venue though.
- If you're having trouble reading this, no worries--the new site (Feb.16) will have font size control. No more shrinkage!
- Michael Eisner (DIS:NYSE) sure seemed to piss off the wrong people. Forget the mouse--I smell a rat.
- It was the Dukes it was the Dukes!
- A correction to, say, S&P 1060 shouldn't come as a shock to anyone. It'll only happen, however, if the financials crack.
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 email@example.com.
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