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Eboo and You


Alright, I'll auction off my nose ring!


I've been absolutely jammin' on my end so apologies on the lack of postage. Obviously, once our all-important intraday supports broke (S&P 990, NDX 1270), the tape got spanked like a Fokker fantasy. As per my last post, I pared my long exposure and rolled my stops up (on the intraday adds). Naturally, those were elected lickity split and I rode some puts into the close.

After the close, Ebay (EBAY:NASD) is down a finski (on the heels of earnings) and that's gonna leave a mark. The internet space was the big toe to what's been afoot and this trip will test the collective mettle. Will this be the catalyst to grill the melted cheese? I can't say for sure...but the market is surely due for some goo.

Freaky Friday awaits and it promises to be a doozy. In the meantime, we've got an entire night to relax and focus on the important stuff. The tape is all-consuming at times--this we know--but the onus is on us to keep it real. Just remember, there are a lot of families out there who would gladly trade market stress for the opportunity to spend one more night with someone they love. Don't take anything for granted, my friends, as tomorrow is promised to nobody.

Have a peaceful trip.
position in ebay, qqq

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

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