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Thursday, October 21, 2010

NFLX

NFLX tried to break out on earnings, got a big gap up, but went nowhere after that, indicating a whole lot of selling into strength. This is one of the "invincible" stocks that is starting to show some chinks in the armor. I think it is probably getting close to a top, but "close" doesn't tell us how soon or how much higher that top will be. I think I will pass on this one, though.

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