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Tuesday, October 4, 2011

Today's Leading Industry

I am a little short on time so I did not run any scans, but I did want to graph the other of the two relatively strong industries we saw yesterday. Discount and variety stores is not exactly what you would call a leading industry, and this graph is in a long own trend, but as it happens, it is now dropping less than the rest of the market. As long as this group is among the leaders, it is  good bet that the rest of the market isn't going anywhere.

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