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Thursday, January 13, 2011

ENG

ENG is a former earnings list stock that went into a very nasty down trend in late 2009, but appears to be pulling out of it now, although I can see no particular reason for it, since earnings took a real beating here. It did not really begin it's move until October, and while it has outperformed the market, the move wasn't that impressive, until today. Unfortunately I saw no reason for today's move and volume, so I think I will stay away.

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