Lets mount the hump!
- After the parabolic frolic of recent weeks, yesterday's pullback provides active traders with a fresh "stop" level on the short side. The bears out there--if, in fact, any emerge--will likely use Monday's highs as their new backstop.
- A Yen for the greenback.
- With K-Mart (KMRT:NASD) and Sears (S:NYSE) tying the knot, look for signs of supply in the competition (Wal-Mart (WMT:NYSE), Costco (COST:NASD) and potential demand in companies that stand to benefit for increased exposure (Martha Martha Martha (MSO:NYSE)). Not offering advice (and not involved), just trying to share the eyes and help explain the food chain thinking in the hedge fund community.
- These firemen make out like bandits, Danny.
- "The world is truly a giant casino today." -Andy Xie, Morgan Stanley.
- Yes, the tape is still very extended and optimism abounds. But if we've learned anything in the last five years, it's that extended can extend and optimism can become more optimistic.
- With expiration on Friday, there 'should' be a magnet to S&P 1175 and negative gamma above S&P 1200 (into Thursday's close. Index options expire Friday morning while individual options get off on the close.)
- The only difference between risk and loss is discipline.
- First Al Davis and Warren Sapp and now this? Are they TRYING to wean me off sports?
- How bout three cheers for the Horse? He's been right as rain regarding his educational analysis in the corporates and the potential for buybacks and mergers.
- I can get you some sheet metal and a couple of mice?
- If it wasn't for that silly balance of powers!
- Russian President Vladimir Putin said the country's armed forces will in the near future acquire new nuclear missiles that no other countries have, Interfax news service said.
- It ain't cool being no jive turkey so close to Thanksgiving!
- I know it's the world's oldest profession but you gotta know when to hang 'em up, dear.
- Where were you in 1995? I can tell you where the dollar index was. Right HERE.
- Who's a more talented actor, Kevin Spacey, Ed Norton or Matt Damon?
- The semis should run into resistance at SOX 435.
- Please read Scotto's afternoon column yesterday regarding the vuja de in the Internet fray.
- A sideways slither would bode well for the bulls. A downside shake out would bode better.
- Ghost 2 is in production and I hear Franklin Raines is reading for the lead.
Good luck today.
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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