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Strategies & Market Trends : Ask DrBob

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To: autopilot who wrote (91342)	5/17/2005 5:51:30 AM
From: shoreco	Read Replies (1) of 100058

>> if this rally fails and the basing formation you see at 575ish is broken, the RUT is gone. << I agree, but 575ish has to break first, no??? In all my years of following the RUT (and not as long as the SPX) I have noticed it follows the "techs" much better than the SML does... IMO, Tech is showing leadership for the last couple of weeks, it could all unravel tomorrow, but my last short trade was based on the same theory as yours, but the lows held once again... Good Trading, >> Trust you are enjoying those new toys! << The RV is new, the boat/boats have been an on going addiction :-)...

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