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Tuesday, September 9, 2008

SCVL


This had been in a long down trend which reversed in July. You can see the trough in CMF coincided with the low in price, and relative strength has been rising steadily. This is still pretty thinly traded, but if this accumulation keeps up I expect to see an increase in average volume.
The float is 8.5 m shares, so this will move fast.

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