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Charts courtesy of stockcharts.com

Wednesday, October 8, 2008

SYNA

This was the biggest gainer on the earnings watchlist today, and while I don't normally post charts of stocks bouncing off lows, there are a couple of interesting things here. First, CMF, which peaked at the August high, dipped very low in September, but during the October crash, it has remained relatively high. There might be a lot of buying into weakness here. Also, rtelative strength is at a level higher than where it was during the previous high in June.

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