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Random Thoughts


I won't even break a sweat above S&P 1130!


  • What's the point of running advertisements for drugs that treat A.D.D?

  • Wasn't the limit $7.384 trillion USD?

  • Dow Theory chatter (for those that Buzzed off yesterday).

  • The Yankee pitching staff simply isn't deep enough to waste a strong performance.

  • Draft? What draft?

  • "Different wrinkle on the Transports -- Because knowledge, information, service and consumption are among the biggest needs and products of our economy, shouldn't the internet index be the new transportation average?" --Random Thought from uber-Minyan Steve Shobin.

  • There is no such thing as "a" sardine. It is a generic term for any kind of small, saltwater fish that comes packaged in a flat can. There are more than twenty different varieties of small fish sold as sardines - everything from small herring to pilchards and anchovies.

  • S's over N's.

  • The brokers are eyeing XBD 130 again. That's a monster level and would be the feather in Hoofy's hat.

  • We're looking for New York area college students to intern in the 'Ville. If you--or someone you love--is worthy, please give us a ping.

  • I wanted to give a little shout out to our pals at MSHowells&Co. Top notch all the way around.

  • Remember when the internet index (DOT) was left for dead with a 50-handle?

  • "Intra-sector weightings have varied substantially from readings 9-months past. Energy is the obvious benefactor with a 28% increase in exposure from its position at the beginning of the year, now representing 7.4% of the SPX weighting." writes Jeff DeGraaf. That jibes nicely with my view that energy will eventually recapture the highest weighting in the S&P and underscores the field position of that move.

  • Ruby had a rule. "Never thank me."

  • Hedge fund hot potato!

  • "On Sept. 2nd the SPX crossed back through its positive trending 200-day moving average after being below it for 30 trading days. This has only happened 6 times since 1950. The SPX was always higher 60 trading days later with an average gain of 7.8% - so far it is up 1.5%. " --Snoop Tony Dwyer

  • If you're an active Minyan, the Buzz is the place to hang.

  • The jig in the metals that I alluded to this morning isn't some grand conspiracy theory. It was an observation (and may very well be a place to park cash in front of the upcoming elections). Don't read me the wrong way, however, as I believe the secular trends are quite favorable in the long run.

  • RIP Rodney--you HAD my respect.

  • Overbought can get more overbought. Oversold can get more oversold. With that said, S&P and NDX stochastics are gettin' a tad toppy.

  • Some people "get" the critter mission and others never will. If YOU do, please let us offer your network a gratis month in the 'Ville on your behalf. It would be much appreciated and it's the least we can do for ye faithful.

  • The Minyanville weight bet--remember that?--is a scant two weeks from tippin' the scales. 26 Minyans--and countless more playing at home--are shrinkin' and slinkin' towards October 20th. Losers donate $100 to the Ruby Peck Foundation for Children's Education and the winner wins a date with Daisy (or any other critter of taste). I happen to have a slew of side bets as well, including a G with Jack Tarver (which explains the steady stream of brownies, cookies and M&M's that have arrived at the office).

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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