Wear me! Wear me! Wear me!
You were the girl that changed my world
You were the girl for me
You lit the fuse I stand accused
You were the first for me
The banks are failing, the breadth is sagging and Fokker--what the hell is he doing now?
I can't tell you that--I honestly don't know--but I can tell you what I'm doing! So you know and if you care, I've pieced out of my last schnitzel of S&P puts. Why? When I hear the word "nuclear" ten times in ten minutes, we're getting close to some sort of a rally. It's completely nonsensical and likely silly but, hey, as I think it, you'll read it--and I've thunk it.
I've officially turned my hat around and will be looking to trade from the long side. That doesn't mean right here right now, mind you, but I've asked my coverage to start sniffin' around for cheap vol. If I'm gonna zag, cookie, I want defined risk--and I'm starting to get twitchy.
Good luck into the close.
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