Will the real Todd Harrison please stand up...

I agree with most of the above posts. The site is a great bargain, but mainly because of the other contributors. Todd has not added much since the site started really. It's funny, almost everyone says the same thing: why doesn't he just do what he did on RM? I can't see how it's a legal issue, since he was head trader for Cramer's fund back then.
 
Quote from DisciplinedHedg:

Well, early on in the website, he stated his posture nicely. Appendages in and out as he felt necessary which is what he used to do while writing the Trading Diary on realmoney.com. I'm guessing he took ALOT of heat for his posture and alot of "traders" taking the "advice" lost a bundle as they fought and suited as a bear on a good portion of the March rally as Todd did. He was 25% bearish at the March bottom and went up to 75% bearish as the market skyrocketed. And I don't ever recall him taking a long stance on the market since then besides his trading around a core bearish position. Since then, he's rather timid in his postings. So now he stresses it's an educational site. I'm not looking for day to day specifics like I'm his hedge fund client. But he could write like he did for realmoney.com back in his heyday. But he doesn't.

I'm all for the charitable benefits of the site and agree that for the subscription price its worth the price but only because of the contributing writers now. And he's done nice work in being the foreman behind the construction of the site.

All Todd does now is say how if 975 is penetrated then look at 950 as the next stop. And if you go long, you might want to put a stop at 1000. Yay...
More...

I stopped reading him several months ago.. since I could not fathom how some one who is "recognized" as an alleged wizard trader so to speak.... could not know when a trend is in place.

He is trying to tell the market what he thinks it should do... and not letting the market tell him. It's one thing to be cynical and cautious, after 3 years of viruent bear moves... it's another to not be able to recognize reality since MARCH.. and continue with the same old drone.

His is just another garden variety financial talking heads website who does impart some insight, at times.........and perhaps I should
revisit it to hear his current commentary which I could likely incorporate into position trading, given my bais is now bearish based upon historical, seasonal bearish tendencies of the Aug/Sept period. But maybe this year will be diff. :)

Regards,

ICe

:cool:
 
Just watched his interview on Squawk Box. Interesting to hear him say "You Know" about 100 times in a 5 minute interview. Come on Toddo dont you know any other words??

You Know, Blah blah blah blah blahaa, You know, blah blah blahaa, you know blah blaha, you know blah......

You know?
 
Todd has created a big problem for himself. His commentary has been bearish, leading us to believe he has done poorly. Certainly anyone following his "posture" has had problems. But we really don't know how his fund has fared, nor do we know what he is actually doing from day to day. It's possible that he has done much better than we tend to believe. He alludes to "renting" longside exposure, but he doesn't see fit to clue us in on it.

Another thing I question is his apparent heavy use of longer-dated options. I know vol's are very low, but this paper still costs plenty, particualrly if nothing is happening. I guess he has made money on the FNM/FRE blowups but he talked like he was also short a lot of other financials that have done ok.

I think his posture may have been typical of balanced hedge fund managers. Cramer has been poking a lot of fun at these guys lately for missing the ramp and underperforming. Wonder if he has Toddo in mind particularly?

Bottom line is that a lot of Todd's commentary seems superficial if not naive. He talks the talk but doesn't let us see the walk.

I have asked him to come on here and discuss but he never responded. Too busy hangin' with the critters I guess.
 
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