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Thursday, December 11, 2008

RGLD


RGLD broke out early, but reversed toward the end of the day and collapsed in the last hour. One problem here is the relative strength line, which has been weakening. One thing I should do is follow up on the stocks that broke out this week to see how many have failed, as that will be a pretty good indication of the strength of the market. Sounds like a good weekend project.

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