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Monday, December 28, 2009


One of the disadvantages of long bases during market uptrends is a terribly weak price relative line. Ths had a really nasty drop back in August, but got support at the 200dma, and has been in an uptrend since, but was so realtively weak and thinly traded that nobody noticed it. Today's volume was attributed to airline security stocks getting bid up, and apparently this is a related stock.

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