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Tuesday, April 15, 2008


It's nice to see some non-energy stocks breaking out, although this is not a true breakout. This had a really nasty drop to the 50dma and bounced back huge today (earnings release). Why it dropped so badly I have no idea, and buying into it woud have been an act of cuourage (or lunacy), but if you did, it sure paid of today. Caution, this is a thinly tradrd stock, but watch for an increase in average daily volume, that is on sign of a stock making a huge move.

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