Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Eyes Forward

By

PrintPRINT
Don't be angry, don't be sad
When you sit down and think about
All the good times that we've had
There's a girl right next to you
And she's just waiting for something to do


(Stephen Stills)

One of the most disruptive and unproductive things a trader can do is look back and lament over lost opportunities or missed trades. I offer this thought in response to the many conversations I've had with my brethren who constantly talk about the wouldas, couldas and shouldas. Although some would argue that I'm simply A.D.D, I prefer to use the word "sweeping" when describing my ability to forget the past and look forward. Remember, it's entirely ok to learn from your mistakes-that turns them into lessons-but profitability lies in the trades ahead. Think positive, Mon frere.

The Minx has stabilized somewhat and the four-letter freaks continue to exhibit tendencies of accumulation. The breadth is still skewed hard to the negative but it's interesting to note that the upvolume/downvolume on the Nazz has almost pared off. Looking at our sector bases, the best acting groups thus far are soft goods, storage, hardware and energy while the weakest link remains the financials.

Whoa, it just it the tape that Iraq accepts the U.N resolutions and the tape is catching a bid. I'm stopped out on that 25% appendage and just got very busy. Is the defense sector a short on this? Not sure...just thinking aloud. Gotta hop.

Hope this finds you well.

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.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE