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Looking for a Spark

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Long distance runner what you standing there for?
Get up, get off, get out of the door
You're playing cold music on the bar room floor
Drowned in your laughter and dead to the core


(Grateful Dead)

OK...I have to say it. Today's trading is like (gulp) pulling teeth! I know, Shrubs, it's getting old...but I couldn't help myself. I just lifted the ice pack off of my face, looked around at my desk and saw my traders in a collective daze. Fellas...wake up! Don't you know that the Minx is lulling you into a false sense of complacency?

I literally haven't seen a light ring on my board in a half hour (hint). It's just...dead. That said, this post is your friendly Minyanville wake up call to stay on your toes. It felt like this on Thursday (before the melt) and Friday before I left (and the tape spiked). The hardest part of doing less is the ability to stay sharp and ready to strike when it feels lullish. Don't fall prey to the Minx's trance!

Tomorrow should give us our much awaited spark as the Prudential tech fete kicks off. Among other notables, SUNW, SYMC, KLAC, LLTC, SLR, INTC, CLS CDWC, RATL, INTU, ALTR, GTW, MERQ, VTSS, EXTR, FCS, ATML, DELL, LU, FLEX, JBL and STM all give presentations and we should be able to fish out a theme. More importantly, if we're to look at our landscape as a market of stocks rather than a stock market, they will likely be some decent situations to trade. On the economic front, Beeks will swing by with the consumer confidence number (exp. 90) at 10am and our good friend Elmer (Greenspan) speaks tomorrow night at the Institute of International Education's annual awards dinner. Hey, maybe he'll plug Minyanville!

I'm gonna be scooting at the bell for a meeting so please understand if I can't sneak out another post. Before I go, I want to reiterate that when I post disclosures on the bottom of a particular column, it's NOT meant as a recommendation. Our fund has a rather extensive book and we view our portfolio as a sum of its parts. I would hate for any of the new readers to misinterpret this.

If I don't speak to you, good luck into the close and have a most peaceful evening.

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 todd@minyanville.com.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

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