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Wednesday, March 7, 2012

DISH

DISH broke out of a really nice setup today, with the only real weakness being a descending price relative line during the base. I don't know for sure, but I am starting to suspect that when you see a lot of weaker stocks breaking out, it means the move up in the market is coming to an end.  Other than that there is not much to complain about here, but is the market is going into a correction, this is going to have a tough time going higher.

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