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Friday Vibes


Enjoy the games!


Stephen prospered in his time,
Well he may and he may decline.
Did it matter, does it now?
Stephen would answer if he only knew how.

(Grateful Dead)

A quick vibe to ye faithful who aren't Buzzin' that I removed my bear costume late this afternoon. As we slipped into the metaphorical fur near Wednesday's opening, it was a profitable (albeit small) downside schnitzel. The "real-time" trading vibe is shared on the Buzz & Banter each day (the platform allows for a pure stream of consciousness) but, as this is important (to some), I wanted to alert ye faithful one and all.

The tape continues to have issues, as evidenced by the breadth, banks (under the 200-day) and semis (same). The NDX is still clinging to support (and tech stochastics are oversold) so there is an element of upside risk. With that said and respected, I'm happy to hit the eject button relatively balanced and holding some long-term energy exposure. So you know, if you care and-as always-never advice.

I'm gonna jump and juggle so Fish and I can get back to his digs and watch our Orange. Win, lose or draw, there are few things in life that compete with watching the tourney with my best friend, college roommate and-as of March 1, business partner. These are special times in the 'Ville and we're committed to making the Minyan experience spectacular and industry altering. Some don't see the big picture yet but, rest assured, they will soon enough.

May peace be with you.

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