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Random Thoughts

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The great debate continues to rage as to whether last's weeks lift was "A" rally or "THE" rally. I suppose the answer to this question (and how you approach the market) can also be a function of your time frame. For the most granular of traders (bunny hole), we must make active decisions as to the merits of this recent liftage. For longer term folks (forest), a disciplined deployment of capital (as a function of price) is likely a more appropriate method.

• The term "keep your right hand up" was something my grandfather Ruby always used to say to me. It's a phrase that originated during his golden glove days and means "guard and protect yourself." Also, for those who have asked, the "R.P" at the end of each post is a tribute to my grandfather (and best friend) who passed away last year.

• A story just came across the newswire that the German government plans to revive tax on company asset sales. I'm not quite sure of the implications, but the DAX is on the move. Keep this on your radar as it'll surely affect sentiment

• Let's take a vote: Who was the best guitarist of all time? Candidates include Eric Clapton, Joe Satriani, Mark Knopfler, Jimi, Stevie Ray and Carlos Santana.

Gotta hop into a meeting...will be back
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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.

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