{"id":115,"date":"2008-08-18T17:07:57","date_gmt":"2008-08-18T21:07:57","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=115"},"modified":"2023-08-01T20:56:57","modified_gmt":"2023-08-02T00:56:57","slug":"best-pizza","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/best-pizza","title":{"rendered":"Best Pizza"},"content":{"rendered":"<p>So one of our new traders, who grew up near my home town, and I were discussing the best pizza.\u00a0 For some reason there is this false notion that NYC has the best pizza.\u00a0 They don&#8217;t.\u00a0 The best pizza, Colosseo, is from my home town.\u00a0 This is not some parochial or biased call.\u00a0 I have traveled quite a bit.\u00a0 And I have eaten my share of pizza.\u00a0 This place is really the best!<\/p>\n<p>But we should take a step back and make a distinction between NY style pizza, brick oven pizza, Sicilian and deep dish.\u00a0 We were referring to NY style pizza.\u00a0 For the best brick oven I think you have to give it to Sally&#8217;s or Pepe&#8217;s in New Haven.\u00a0 For the best deep dish I think I would need to move to Chicago, but I always enjoy Gino&#8217;s.\u00a0 But for the best Sicilian or NY style pizza the winner is Colosseo (please feel free to offer your nominee for best pizza).<\/p>\n<p>So why is this relevant to trading today?\u00a0 The reason we were discussing the best pizza was because it was a slow summer trading session.\u00a0 We were disciplined.\u00a0 We were alertly watching.\u00a0 But we were not forcing our trades.\u00a0 In the AM I found little follow through for stocks that broke significant levels.\u00a0 CCJ was no good below 28.50.\u00a0 NRG was no good above 28.10.\u00a0 HSY was no good below 38.\u00a0 GG not so good above 30.\u00a0 And FCX couldn&#8217;t hold above 85.\u00a0 So we started talking.<\/p>\n<p>But then like a good action movie that is just spending some time developing its characters the market drew us in.\u00a0 NMX popped two points into the Close.\u00a0 And we made some nice chops into the Close in NMX.\u00a0 80 is a nice intraday level to trade off of tomorrow.\u00a0 So we made some nice chops into the Close in NMX and the desk was educated on the best pizza.\u00a0 I am getting hungry.<\/p>\n<p><a title=\"nmxchart.bmp\" href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2008\/08\/nmxchart.bmp\"><img decoding=\"async\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2008\/08\/nmxchart.bmp\" alt=\"nmxchart.bmp\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So one of our new traders, who grew up near my home town, and I were discussing the best pizza.\u00a0 For some reason there is this false notion that NYC has the best pizza.\u00a0 They don&#8217;t.\u00a0 The best pizza, Colosseo, is from my home town.\u00a0 This is not some parochial or biased call.\u00a0 I have traveled quite a bit.\u00a0 And &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/best-pizza\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,10],"tags":[128,4676,30,18],"class_list":["post-115","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","category-mike-bellafiore-bellas-blogs","tag-best-pizza","tag-day-trading","tag-prop-trading","tag-smb-capital","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Pizza | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/best-pizza\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Best Pizza | SMB Training\" \/>\n<meta property=\"og:description\" content=\"So one of our new traders, who grew up near my home town, and I were discussing the best pizza.\u00a0 For some reason there is this false notion that NYC has the best pizza.\u00a0 They don&#8217;t.\u00a0 The best pizza, Colosseo, is from my home town.\u00a0 This is not some parochial or biased call.\u00a0 I have traveled quite a bit.\u00a0 And ... 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