I'M ON THE OTHER LINE!
Please note the slippage in the dollar (in the face of a "tremendous" jobs report). It's a huge component of my big picture bear thesis and while one day does not a dollar break, it warrants a mention. Could foreigners be thumbing their noses at us?
How does one thumb a nose?
Also, Snapper has numerous voice mails asking him if he's gonna flambe Boo again. It's certainly possible--as a matter of fact, a lot of bearish technicians I speak with want to see a squeeze to S&P 1064 or 1069 to "set up" the downside.
Hoofy? He's got his feet on the desk and his hands folded behind his head. "Voodoo," he insists, "Voodoo and doo doo." I guess I can't blame him for being cocky...but I reminded him that in this business, if you don't stay humble, the Minx will do it for you.
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 email@example.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.
Daily Recap Newsletter