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[TTHQ Staff]

SectorVue by David Schultz for February 20th , 2007 Fast Lane The Dow rallied 186 points and the Nasdaq NDX gained 35 points. The Midcap MID and Russell indices RUT are leading the market higher which makes for a very broad based move. Action for the week was plus 733. 29 Sectors were up and while 5 were down. While we would normally expect a pause our indicators are showing this market is firing on all cylinders and is more likely to break out to new highs then to have a major correction. Keep an eye on market breadth and the Russell index RUT. Rydex funds- bullish Russell and NDX looking for a bit more upside. I may take profits quickly but I am not likely to short the market this week. Short term - A bit overbought but still some headroom. INTERMEDIATE TERM TRENDS - NDX Flat Dow, SPX MID & SML -- Bullish INTERMEDIATE OSCILLATOR - Avoided entering Bearish territory last week. Like a pressure cooker letting off some steam the market does what it needs to do to keep the advance in tact. Service GSV- Number one in overall rank . Wow - a technology sector takes the lead. EDS and Fidelity Systems FIS are tops in this list. Technology TXX- A stealth rally in tech stocks led by EMC and our Qualcom QCOM holding. Quite a few of these stocks are nearing recent highs. Entertainment PEJ- Priceline PCLN, International Speedway ISCA, McDonalds MCD, Jack in the Box JBX and Penn Gaming PENN all hitting relative highs. Someone is enjoying themselves. Wireless WMH - Qualcom QCOM, Research In Motion RIMM and others chiming in. Gold XAU- Up in price but not out of the bottom ranks yet. If money starts to flow into these stocks it will show up in the relative ranking before a big price move. Semiconductor SOX- Still in the bottom ranks however stocks like Marvell MRVL, Teradyne TER and KLA Tencor KLAC are showing signs of life. Oil Patch XNG, XOI, OSX- In the bottom ranks. Take profits if you have them and be patient on new purchases. SUBSCRIPTION INFO A sample copy of the entire SectorVue newsletter via email may be obtained emailing sectorvue@cox.net . Requests for a sample fax must include full name and voice phone number. Subscriptions are $500 per quarter for individuals $1000 per quarter for offices. Rydex alerts priced separately. This report is for educational purposes only and does not constitute "investment advice".