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Wednesday, August 22, 2012


AEO was one of few earnings breakouts today, this one getting a pretty good gain with nice volume. This is a pretty interesting pattern in that, since May, despite what looks like a pretty strong pattern here, this really has not out performed the market other than the gap ups (the first two of which were given right back). This is a fairly strong stock, but just not a leader.This earnings gap up may change that, but I think the chances of that are pretty low.

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