4.06.2006

TECHNICALS - CIB

CIB the big Columbia bank acts great as the strong uptrend continues. The stock has an IBD EPS of 95 and a RS of 94 and it is ranked the best in its group by IBD. It pulled back a bit yesterday as its 2 day RSI closed in the 25 area and I added to my position. The strategy of buying pullbacks in strong uptrending stocks has been a great strategy in this market environment.

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