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Head and Shoulders Is a Shampoo

By Jim Cramer

 About this article:
 After this move, head and shoulders will permanently be thought of as a shampoo. This rally's being done on the backs of the shorts, who are scrambling at every turn and are probably dazzled that Nokia and CIT couldn't undue the good news from Goldman Sachs and Intel. The shorts had the charts and the fundies on their team. I looked at the charts as I do every weekend as I get them delivered at home and I said, "Oh man, that's the most egregious head and shoulders since the Mona Lisa. The technicians are going to have a field day." I had gone out positive that Friday on my show, calling for a rally courtesy Doug Kass' Power Shares QQQ call and Ron Insana's Market Movers bank call. I said Novellus would kick off the real earnings season -- not the bogus Alcoa- led season --...

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