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Friday, July 8, 2011

ARJ

To complete bizzarro day, here is ARJ, which broke down completely , was under the 200dma, and getting dumped at an alarming rate, when it's fortunes suddenly, and inexplicably, reversed. Unfortunately this was so ar below the old high that it took 3 days of incredible gains and volume for it to hit the new highs list, well extended, and on no news, I wouldn't touch this with Don Luskin's money.

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