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Friday, November 19, 2010

ANN

ANN reported earnings this morning, got a big gap up, and then went nowhere. The base here is very deep, which tends to betray some weakness, and I am less than impressed with the price relative line. The posiutive here is that. although it formed the freaded black candle, it did close near the day's high, but you really like to see better than this on earnings.

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