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Tuesday, February 28, 2012

DPZ

The pizza rally, which was dormant for a while, seems to be resuming. What is most striking about DPZ is how weak the price relative line is: the new high is almost 10% above the old high, but price relative failed to get to a new high. There is no pizza industry group, but the other tow pizza stocks are easy to remember: PZZA and PZZI. I will be watching those to see if they follow.

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