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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (16335)	6/7/2004 11:27:28 PM
From: Runomo™	Respond to of 207068

"The weekly RUT has a potential inverse H&S setting up if it can get to 606 or so, and drop back to 560 or so" The Russell broke out from a daily inverse H&S tight formation today where your neckline is in the 575 area and the 5/10 and 5/17 bottoms are your basic double head. The technical objective of 620 for such formation takes the Russell to ATH (all time high) as the Russell will then join the swelling company of the ATH club....if tomorrow is another up day, Wednesday would most likely test the 575 neckline area from above and should that test prove to be a success as I suspect it will, there will be nothing but blue skies for da Russell :) stockcharts.com[w,a]declyiay[db][pc20!c50!d20,2!f][vc60][iUp14,3,3!Lb14!Lah12,26,9]&pref=G Mo