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Monday, August 31, 2009

WIRE


One of the few new highs that wasn't a) a flu drug stock, or b) parabolic. It was announced today that WIRE will be added to the S&P 600 small cap index, undoubtably the catakyst for today's move. This has done poorly on earnings recently, and the price relative line is extremely weak, but CMF has remained positive, meaning there hasn't been a lot of selling pressure.

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