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Tuesday, December 20, 2011

ROST


There were only 2 stocks this week that fully qualified as market leaders, and are currently by far the two strongest on the leadership list. ROST has been in an uptrend in price relative for almost 6 months now, which isn't a big surprise as I would expect it to out perform durting market corrections. However, even during the October rally the price relative still went up, although at a lower angle. It had it's last price relative breakout over a week ago, and with the line going up, it will be a while before it has another one.

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