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To: mishedlo who wrote (134472)7/17/2006 10:47:38 AM
From: Henry J Costanzo  Respond to of 209892
 
Thanks, Mish.

IMHO XLE on a H&S top red alert.....Interesting, seems to be similar situation on OSX and OIH.......but not so much XOI......I would have thought it might have been the other way around, with OSX/OIH keeping relatively stronger than XOI.....

CLQ06 showing island top key reversal today.

Any H&S drop would, of course, have a direct negative impact on the broad indexes.....Presumably, indirect effect could be positive..??