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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: hawkeyefan who wrote (191818)	6/30/2011 9:53:06 AM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

SPX wiggles...Assuming this advance today is the final 5th up of the 3 up from 1267 Jun 27..

To: hawkeyefan who wrote (191818)	6/30/2011 1:56:48 PM
From: 2MAR$	Read Replies (3) \| Respond to of 209892

notice how they popped the SMH today bottom feeding , kind of thought that was the next move ...and further gains in the XLB with noteable gains in DD & FCX which are the most weighted there . HPQ & EBAY were large components of this rally...some of these pops like for MA just go too far , going to be many short squeezes and many overbought spikes to short .. Gold & silver pretty muted today even with USD pulling back, makes me wonder if that Silver chart resolves with even a further break later ...those declining tops thru June reminds me of that trading sideways for AAPL that may have been interpreted as a maturing bull flag but then broke down finally . Looks like it wants to bounce & should ...but ?