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 Afraid Fade




Sorry for the terse posts--as you can imagine, it's nuttier than Austin Power's coffee right now. For what it's worth, Stephen Stills, we faded the opening (small) and then turned and bought some market exposure (with a downside stop) vs. individual put names that we own. In addition, I've been scanning for names that opened flat (or red) in the seas of green.

For instance (and for educational purposes only), the F-troop (and mortgage lenders) opened flat with the futures wippin' and that typically means that there's some supply out there. Can that change? Faster than a bipolar mood swing. If (big if) we fade to black (or red, as the case may be), however, those stocks might lead the way. Just thinkin' aloud....gotta hop.
position in fnm

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