A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“Give me all your money or you’re geography!” (bank robbery joke) (6/24)
“A tragedy is a ship full of bankers sinking. A catastrophe is when they can all swim” (6/24)
“You said you had between ten and fifteen million dollars in the bank” (joke) (6/24)
“Cell phones keep getting thinner and smarter…people the opposite” (6/24)
“Before you diagnose yourself with depression, first make sure you’re not surrounded by assholes” (6/24)
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Entry from March 23, 2011
“The toughest fades are the best trades”

Entry in progress—B.P.

Minyanville
Random Thoughts: Aren’t The Toughest Fades The Best Trades?
By Todd Harrison Nov 20, 2007 12:44 pm
(...)
•Aren’t the toughest fades the best trades?

Minyanville
Random Thoughts: Mercury Retrograde Won’t Leave Without a Fight
By Todd Harrison Oct 15, 2008 2:45 pm
(...)
Who was it that said the toughest fades are typically the best trades?

Minyanville
The Bulls and Bears Measure the Tape
By Todd Harrison Mar 22, 2011 10:00 am
There’s an old adage on the Street that the toughest fades are the best trades. “Fade,” in Wall Street parlance, refers to taking the other side of the prevalent price action, For instance, I faded (read: bought) the supply last Wednesday into S&P 1250, and yesterday faded (read: sold, or got short) the (low volume) rally into S&P 1300 (almost on the nose) with a tight stop on the other side of the 50-day moving average (S&P 1305).

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Wednesday, March 23, 2011 • Permalink