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Monday, March 19, 2012


KNSY can't really be said to have broken out of a base, a base requires a prior uptrend, which, judging by the moving averages, this was not in. If, on January 1st, you had thrown darts at the stock tables in IBD to pick stocks, you would probably be sitting on fat profits right now, I have seen that twice before: just before the 2007 top, and just before the 2008 top.

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