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.

The Zone Diet


I hate acne!


I can tell your future
Look what's in your hand
But I can't stop for nothing
I'm just playing in the band

(Grateful Dead)

The morning fray is underway as we trade our way through another day. At the risk of mastering the obvious, the levels du jour are fairly straightforward. S&P 1062 is the upside inflection point and, if breached, it would become near-term support. On the downside, S&P 1044 -1050 is support and sell side interest would likely intensify below.

Keep half an eye out for the Wolverine confidence number at 9:50 (exp. 91.4) as the last data point of the week. After that, we'll be left to our own devices as we weigh the potential acne vs. the potential for crowded (and trapped) longs. As it stands, out of the gate, I've seen a chunk of Nazzy futures to buy (on a cover). Deep breath, Minyans, and let's get this party started right.

I'll be back.
< Previous
  • 1
Next >
position in qqq

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.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos