Uncategorized

  • Momentum Book Update
    Posted by Leigh Drogen on April 10th, 2010 at 2:33 pm, Comments: 0

    …and we’re at 1,200 $SPX. Next stop 1,230 $SPX. I’m starting to get the feeling that the group of people who are still on the other side of this rally is starting to thin out dramatically.  There are still those who take their shots at shorting on overbought conditions and get their heads handed to [...]

  • Banging the Table on ULTA
    Posted by Leigh Drogen on April 9th, 2010 at 1:31 pm, Comments: 0

  • Net Neutrality
    Posted by Leigh Drogen on April 7th, 2010 at 3:29 pm, Comments: 0

  • The Equity Rally End Game, Demand Destruction
    Posted by Leigh Drogen on April 6th, 2010 at 8:50 pm, Comments: 0

    I want to take a moment tonight to take a broader view of the market and ask, what would end this trend in equity appreciation.  My thesis continues to be that demand destruction caused by a surge in crude and other materials eventually puts the pinch on the consumer and topples the retail names.  Before [...]

  • Weekend Reading (belated)
    Posted by Leigh Drogen on April 5th, 2010 at 6:55 pm, Comments: 0

    We covered Afghanistan and the human equity capital for education idea this weekend, but it was the third straight Sunday with no Weekend Reading post.  I’m slacking, I’ve got a ton of great links in the folder but haven’t found the time to post them up.  I’ll save some for next week, but in the [...]

  • Momentum Book Update
    Posted by Leigh Drogen on April 4th, 2010 at 1:59 pm, Comments: 0

    It’s a beautiful Sunday afternoon here in New York, I’m stoked to get outside and do some bike riding down the west side highway.  The cherry blossoms are in bloom, growing up that meant one thing, NHL playoff time was here.  The Rangers are tied for the 8th and final playoff spot in the eastern [...]

  • The Human Equity Market
    Posted by Leigh Drogen on April 2nd, 2010 at 4:19 pm, Comments: 0

    If you follow me on Twitter, you may have read one or more of my late night alcohol induced rants regarding what I like to call “The Human Fund”.  What is the human fund you ask, just sit back and prepare to be blown away. About a year back, a few friends and I started joking [...]

  • The Definition of Quagmire
    Posted by Leigh Drogen on April 2nd, 2010 at 1:34 pm, Comments: 0

    Quagmire: A difficult, precarious, or entrapping position or predicament. It has been my stance, for quite some time now, that the United States’ involvement in Afghanistan represented the definition of quagmire to a T.  One of the first post I wrote on this blog, “Those Who Ignore History Are Doomed To Repeat It“, dealt with US [...]

  • RIMM Takes the Market For a Ride
    Posted by Leigh Drogen on April 1st, 2010 at 6:48 pm, Comments: 0

    I woke up this morning expecting the futures to be heavily red with a bad report from Research in Motion $RIMM yesterday afternoon and even worse reaction to said report.  The market, just hanging out up here, looked vulnerable to getting smacked hard and all at once.  So instead of the obvious, I woke up [...]

  • End of the Quarter
    Posted by Leigh Drogen on April 1st, 2010 at 1:16 pm, Comments: 0

    Momentum book as it stands at the end of the quarter.  I don’t believe in giving long quarterly reviews of what went on, it’s so arbitrary to draw a line in the sand and close your mind on what happened, the market doesn’t do that, it flows from one day to the next.  But, I [...]