Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Frau Blucher!



Our old friend Igor (its I-gor!) dropped by our laboratory to offer his read on this monster of the tape. Good morning, hump, thanks for the help. Tapes like these that remind me of when my grandma used to say "What the hell are you doing in the bathroom all day and night? Why don't you get out of there and give someone else a chance!" Let's take a roll in ze hay and take a look.

Hoofy Von Frankenstein continues to point to the constructive action in the Cisco/Semiconductor duopoly and maintains that these have been super tech tells of late. Yes, he's cognizant of the non-confirmation of the internals (breadth still 2:1 negative), but to his trained eye, this action feels more like an accumulation than short covering. Plus, the stochastics are thisclose to confirming their buy signals!

Meanwhile, Boo the monster just walked by in his tux and tails singing Puttin' on the Ritz! He's quick to point to the internals and feels that they NEED to improve to avoid another disappointing close. That said, he's clearly nervous about the quality of the buyers he's seeing. He also wanted to caution us that we've barely been trading for an hour, and there's lots of time left in the day. What an amazing Shwanstooker!

I've gotta jump for my dart game with Inspector Kemp. Before I go, and in the collective interest of the mojo, I wanted to shake up the ranks and call for a proteinfest. That's right, boys and girls, it's a special barefoot edition of SushiWednesday at the hallowed halls.



No positions in stocks mentioned

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

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.

Featured Videos