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February 21, 2006

Russell 2000 Flag Breakout

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The Russell 2000 ($RUT) is not far behind as the index broke falling flag resistance last week. The big trend is clearly up and this latest breakout simply signals a continuation higher. I am watching the mid January low and October trendline for signs of trouble.

Posted by Arthur B. Hill at February 21, 2006 07:27 AM

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