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Walkingshadow

03/02/06 1:06 AM

#22591 RE: SyndicateTwo #22587

Yes, I saw that. My main point is that a H&S can mean very different things depending on the overall technical/momentum context. If things look strong, a H&S doesn't mean much IMHO. Today with the SOX/SMH was a good example of that, i.e. there was no technical indication that the semis had enough downside momentum to bring the neckline into play.

WS