Randoms for the Road.
Hit 'em hard!
- What's better than a burrito? Simple...two burritos.
- A lesson can be learned from yesterday's action. When I powered up my Bloomberg on Sunday evening, I was surprised to see the Spooz down four and the metals up marginally (I thought the reaction would be more pronounced given the field position vis a vis our metric assimilation). That, to me, meant that there was underlying demand in equities and adequate supply in the metals. Sure 'nuff, stocks rallied and the metals softened.
- I'm truckin' to Philly this weekend for Saturday's Dead show.
- Did you know that you can adjust the Minyan font at the bottom of each page?
- Minyans heading to the mountains, please remember to bring your softball glove. This promises to be one heckuva showdown!
- The Daisy Dairy Divas?
- Collins asked me during the move what the significance of the tall bottle of Budweiser was. I told him to ask young Billy Meehan.
- My sense is that alotta Americans love our country but don't trust this administration and aren't thrilled with the alternative.
- BKX 96. XBD 120. S&P 1107. See 'em cookie.
- Cindy Lou. The smallest of the Who's.
- A couple of more sideways sessions and the semiconductor bulls will point to reverse dandruff and lotsa upside gaps.
- Imagine if they dipped the Devil in Visine?
- Sixteen days. And no, it's not too late!
- The simple truth is that the market can trade a lot lower and there would be ample cause. The issue isn't whether it does, it's when it does--and if there's a tradable rally in the interim.
- By the time you read this, I'll be on a left coast critter mission and I'm jacked for these meetings.
- Dubya was behind in most polls on Saturday. Sunday, after the terror warning, he regained the lead.
- It was great to vibe with professor Reynolds yesterday. Salt of the earth.
- The NDX 50- and 200-day moving averages have been doin' the limbo at 1446.
- What goes around, comes around. All we have to do is the best we can do.
- If you are a U2 fan and don't own the "Live at Slane Castle" DVD, please get involved.
- The VXO (fear, er, volatility index) ended considerably lower yesterday in the face of fresh jitters. Telling?
- "Come on Cletus! It aint nuthin' but a short walk. You might walk over, but you limpin' back!"
- The Nazz breadth was 2:1 negative. Hoofy will have to step it up if he wants to mount the hump.
- The best three Wall Street Movies of all time? Trading Places, Wall Street and...
- Nikkei 11,000 is a pretty important level to watch.
- Most Americans don't understand the mechanics of the currency exchange and won't know what hit 'em when the dollar devalues.
- All you have is your word and your name.
- Russell 560 (shoulder) should act as next small cap resistance.
- Fare ye well, Minyans, and good luck in the muck!
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 email@example.com.
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