It's shaping up to be a good end of the year!
Adam Brodsky is writing today's trading diary.
As the afternoon grinds away, not much has changed since our picture this morning. Everyone and everything seems so quiet and that's not a big surprise. I really wish I could come up with some concrete themes to share with you but I am hard pressed!
I think this is one of those times where the best trade may be no trade. Sure, the market could trade higher or it could trade lower! These thin days produce more head fakes than Tim Hardaway and trading extensively in these kinds of tapes has lost me a lot of money in the past. I am staying on the sidelines and being a passive observer.
I am starting to think about the coming year and what may or may not be hot. As we draw closer to the end of 2003 my missives may be questioning ideas and themes that could paint 2004. We have product cycle replacements in a number of areas, an election year, a war still going on. We conduct business on a global level unprecedented in the history of the world. There are many issues that could affect the markets in the coming year and I hope to visit a few in the coming days.
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.
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