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September 30, 2005
Wal-Mart At Long Term Support
James Cramer of Mad Money and Gary Smith of TheStreet.com recently recommended Wal-Mart as it trades near multi year support. While it may be at support and oversold, the chart looks sick to me. The triangle break and heavy downside volume show that the bears are clearly in control.
Posted by Arthur B. Hill at September 30, 2005 08:15 AM