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Saturday, October 8, 2011

Relative Strength By Industry

Here are the top 30 industries ranked by percentage of stocks within the relative strength range. Cigarettes, auto parts stores, and appliances are 3 groups that made good moves up this week, and had all of their stocks advancing for the week, but all 3 are pretty small groups so the percentages are probably exagerated. However, it sure looks to me that cigarettes and auto parts stores are gaining strength. I will be concentrating on the groups with 4 or more categories highlighted.

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