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Lost and Found


Giddy up!



Trader, 33, 6' 1", 200 lb., brown hair, brown eyes. Last seen in midtown Manhattan with a young Fokker and a bag of peanut M&M's. Traditionally very bearish, hates running with the crowd and prides himself on his discipline. If seen, please contact your closest critter.

The morning session continues to trudge ahead and my email is beginning to fill up. "What have you done with Toddo?!?" "You're out of your head--even for you!" "Please tell Fokker to stop stalking me...I'm not interested!" Relax, Minyans--I'm right here and yes, I gave Hoofy a nod with the understanding that he's super tight. Is our bodacious bovine smoking oregano? Perhaps--but I've said it before and I'll say it again, you can try anything as long as you're disciplined.

Why, you ask, would I zag with the trannies at a seven year low and the banks down 1%? Well, for one, the S&P 806 level is such a focus in trading circles, I saw major pressing once it was violated. When I see shorts piling on anything, it raises my trading antennas. How sure am I in this bull suit? I've got about 25% conviction (one leg) and will use today's previous lows as a stop out. I'm simply trying to wiggle my way through the muck and humbly hand on for the ride.

With that said, the banks really need to start pepping up if Daisy's gonna get wined and dined tonight. The FNM/FRE/SLM complex is trying to lead by example and they've managed to eek our marginal gains thus far. The big boys, however, are struggling for respect as Goldman, Citi and BAC waffle without syrup. You know my big picture thoughts regarding the financials and just because I'm trying a long side schnitzel, I can't (and won't) pretend that all is well in that world. That would be silly.

In four-letter land, the semis are flirting with the upside and that's helping the aggregate psychology. Also, Microsoft hangs tough despite some overseas headaches and that's worth a mention. I'm not rationalizing my position, mind you, I'm simply looking for clues in the ever-changing puzzle as we find our way. Deep breaths, Minyans, there's a lot of trading left in the day.

I'll be back.
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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.

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