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Walking a tightrope


Caught up in a whirlwind, can't catch my breath
Knee deep in hot water, broke out in cold sweat
Can't catch a turtle in this rat race
Feels like I'm losin' time at a breakneck pace

(Stevie Ray Vaughn)

Sing it Stevie Ray, and sing the blues Snapper! The odds of an end of day cameo seem to be fading with each passing tick of the clock-and between the bank carnage and the CSCO heaviness, our resident tortoise may opt to hide in his shell. Hey, I hope I'm wrong...but hope has never been a viable investment thesis!

The key to trading this tape, if there is one, is to wait until you see the seams on the ball before taking a healthy cut. Patience and discipline are two words that you will hear ad naseum in this space, as I am of the firm belief that controlled aggressiveness will serve you in good stead.

I'm jammin', but I just wanted to get a post out to you before the closing bell. Trade wisely, and remember, we can trip...the goal is not to fall. No hoping, please...tomorrows a new day.

Good luck


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

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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