Ecantoni
Short

Russell 2000 loves H&S

ICEUSA:RJ1!   Russell 2000 Mini
304 0 1
It goes w/o sayin that the latest potential H&S needs neck b/o but then tgt             would mean gap fill.
Note the dowtrend on volumes
Recent call by gs             to see 12-month Russell 2000 return forecast of 14% compared with 6% for the S&P 500             might be a kiss of death. Correlation w/ spx             has recently resumed and this goes against that call.
Major underlying charts are all o/b:
ALASKA AIR GROUP INC            
PHARMACYCLICS INC
AXIALL CORP
GENESEE & WYOMING INC
OCWEN FINANCIAL CORP
STARWOOD PPTY TRUST INC
TWO HBRS INVT CORP            
COMMVAULT SYSTEMS INC            
DRIL-QUIP INC
GULFPORT ENERGY CORP            
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