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Saturday, July 23, 2011

Relative Strength By Industry

Here are the top 30 industries in percentage of stocks in the relative strength range. There was very little change this week. Once again, there is no correlation between the percentage of stocks advancing and relative strength. The correlation is there, if weak, during down weeks, but up weeks have none. As usual i will be concentrating on those groups that have 4 or more categories highlighted.

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