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Wednesday, January 26, 2011

BKI

I don't know what it is, but almost all of the breakouts I looked at today had negative CMF just before the breakout. CMF is not the best technical indicator available, and can be decieving on lower volume stocks, but I get suspicious when I see price rising and CMF declining. BKI did report today, and is part of the paper and paper prducts group which was pretty strong today.

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