A Frank Diary
Purging is good for the soul...
Here I sit, broken hearted,
My bearish bro's have just departed.
They tried them down but with no luck
And now I'm swimming deep in muck.
I know if I capitulate
The buy side bulls will then abate
But how can I just sit and take
What is, for now, a stock mistake?
The tone is good, the screen is green
The breadth and tenor are pristine.
But isn't this THE time to care
If we sell hope and buy despair?
I think it is, despite the fright
And making sales will soon seem right.
If you don't know where to begin
Just remember discipline.
I cannot urge you what to do
For you are you and I am Boo
But I know this, and I will tell
When fades are tough, it's time to sell.
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 firstname.lastname@example.org.
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