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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (140072)1/9/2007 3:45:25 PM
From: The Freep  Read Replies (1) of 209892
 
The SMH wiggles look pointed higher here, I must say. Multiple hits at this 34.4ish level... maybe an ascending triangle? I have one count that says it's a wiggle 3, but pretty much everthing points it up near 35 here, at least, and potentially to the mid to high 35s. That'll take INTC, TXN, or ADI having a move here (or two of the three), as they are a whopping big part of the SMH

RIMM doesn't look so swell, but yer AAPL once again provokes jealousy....
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