Flirts so Good!
Does this feel pressy to you, Scotto?
When I was a young boy
Said put away those young boy ways
Now that I'm gettin' older so much older
I love all those young boy days.
(John Cougar Mellencamp)
I've got a Smith & Wollensky's print in the works with my main man Scotto (sorry Daisy) and, as such, I'm gonna be tied up for a little bit. I didn't want my fellow Minyans to think I've forgotten about them...I'M the one with abandonment issues, not you. If, however, you wanna talk about it, my shrink's shrink's shrink is available a week from Tuesday!
The battle of evermore continues at S&P 840 and it's the center of attention in trading circles. Somebody has a vested interest in keeping the futes above this level (as evidenced by the action) and IF (big if) they slip through, S&P 825 has the biggest magnet (from an open interest standpoint). If we hold this level? S&P 850 is a likely target. A'ight?
Scotto has been sitting here patiently and I don't want to be rude so I've gotta cut this post short. Watch the breadth (4:3 negative), the BKX, the dollar and your weight while I'm tied up. Wow...I'm getting old for this! Hoofy--pass the A1, will ya?
Hit 'em hard!
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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